Lansing, Michigan Henryk Sadura/ShutterstockNatural disasters like hurricanes are getting more destructive, thanks to climate change.Homeowners everywhere are feeling the impact as home insurance premiums skyrocket.Here are the top 13 states where home insurance premiums are expected to increase the most in 2024.In the wake of Hurricanes Milton and Helene, homeowners across the US are facing an increasingly severe insurance crisis.These two hurricanes are simply the latest in a growing list of natural disasters wreaking havoc across the US.
Similar Stories to Home Insurance Premiums Are Projected To Skyrocket Up To 14% This Year In These 13 States As Climate Change Causes An 'insurance on Bing News
cji@businessinsider.com (Christine Ji), Business Insider
Tue, 10/22/2024 - 9:22am
Topics: lansing michigan henryk sadura/shutterstocknatural hurricanes milton us last moody's rms hurricanes milon florida california louisiana alabama northeast vermont american mississippijackson mississippiseanpavonephoto hawaii shutterstock/filip carmenprojected city oklahoma gerson repreza/shutterstockprojected moines iowa jacob boomsma/shutterstockprojected arizonakruck20/getty imagesprojected coloradof11photo/getty imagesprojected minnesotapaul brady photography/shutterstockprojected rock arkansassean pavone/shutterstockprojected illinoisallan baxter carolinakenny mccartney/getty imagesprojected carolinacolumbia south carolinagetty imagesprojected michigan henryk sadura/shutterstockprojected business insider helene insurify getty imagesprojected paul pavone/shutterstockprojected year states climate change home insurance premiums increase rate homeowner homeowners disasters weather severe extreme risk crisis damage report costs providers impact insurers property price increases policies flooding total safe
BING NEWS:
- Climate Week NYC: How insurance is tackling natural disasters
Climate Week NYC is now behind us, and the sheer number of people who traveled to New York, as well as the expertise and enthusiasm on display, should make us optimistic. But not ...
10/22/2024 - 10:15 am | View Link - Home insurance premiums are projected to skyrocket up to 14% this year in these 13 states as climate change causes an 'insurance crisis'
The combined losses from Hurricane Milon and Helene could add up to $55 billion, according to Moody's RMS.
10/22/2024 - 5:23 am | View Link - Helene And Milton Could Drive Up Already Soaring Insurance Premiums
In addition to the immediate damage they caused, hurricanes Helene and Milton could cause financial havoc by pushing up already-soaring insurance rates. The storms caused nearly $90 billion in damage ...
10/22/2024 - 1:39 am | View Link - An ‘Obamacare’ for homeowners insurance could protect against climate change
The solution lies in cooperative federalism: setting federal standards for homeowners insurance while allowing states the flexibility to adapt those standards to their unique risks.
10/21/2024 - 6:30 am | View Link - New Conning Study
An Imminent Threat to Business" provides findings from a recent insurance executive survey. Conning's Insurance Research and Risk Solutions groups have partnered to conduct a survey of insurers to ...
10/18/2024 - 2:05 am | View Link - More
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