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Extreme weather does more than impact the cost of auto and home insurance, severe weather affects your personal finances on a daily basis. According to Bankrate data, 43 percent of Americans only ...
From wildfires and tornadoes to hurricanes and flooding to prolonged heat waves, the potential damage from extreme weather to people, animals and property is high. Especially if you’re a homeowner.
From 2017 to 2020, the national average home insurance premium in the United States rose by 11.4% while inflation rose by only 7.9% after extreme weather events and secondary catastrophes (which include wildfires, thunderstorms, droughts, flash floods, and landslides) caused $370 billion in inflation-adjusted claims, [145] and the increasing ...
Key takeaways. Extreme weather has been creating headaches and higher electric bills for homeowners. Insurance premiums are also increasing, and in some places, finding a homeowners' policy at all ...
Key takeaways. Severe weather events, such as damaging storms, wildfires and extreme heat waves or droughts, are increasing across the country. These events create higher maintenance and insurance ...
Raging wildfires in Los Angeles could set up for even steeper weather-related losses in 2025. Extreme weather events battered global insurance markets last year, bringing losses to a seven-year ...
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