In a year when affordability has become the watchword, homeowners are facing another growing pressure point: sharply rising insurance costs. Home insurance premiums are expected to increase by an ...
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Rising home insurance costs in climate risk areas
Home insurance is a vital safeguard for protecting one of the most valuable assets many people own. However, in recent years, homeowners in climate risk areas have been facing steep increases in their ...
With an average annual premium of $6,274, Louisiana homeowners have the highest true cost of home insurance at 10.78 percent of household income. Based on a median annual income of $77,719, the ...
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