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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.

By: Business Insider

Oct 23 2024
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Home insurance premiums are projected to skyrocket up to 14% this year in these 13 states as climate change causes an 'insurance crisis'

Lansing, Michigan Henryk Sadura/Shutterstock

Natural disasters like hurricanes are getting more destructive, thanks to climate change.
Homeowners everywhere are feeling the impact as… [+4651 chars]

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FEMA was strapped for cash even before America's hurricane double whammy