Comment on Hailstorms, wildfires, help drive surge in Colorado home insurance rates

Hailstorms, wildfires, help drive surge in Colorado home insurance rates

A new survey from Insurify shows that almost 30% of American homeowners are worried about increasing home insurance rates, which are expected to continue rising through 2024 due to climate disasters and inflation. That’s no surprise, given rising home costs. Rising insurance costs increase monthly mortgage payments. The average annual home insurance rate increased by 19.8% between 2021 and 2023, from $1,984 to $2,377.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News