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Home›Real Estate›Residential›Homeowners face faster insurance premium hikes and har…

Homeowners face faster insurance premium hikes and harder coverage

Reported · Written up by our desk · Residential

Homeowners insurance premiums have been rising faster than inflation across the country, according to a new industry report summarized by CNBC Real Estate.

The same report finds that keeping or obtaining coverage is becoming more difficult for homeowners as premium costs increase.

CNBC Real Estate frames the trend as a widening affordability and access problem for residential insurance, with costs outpacing overall inflation.

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Sources

CNBC Real EstateHomeowners are paying much more for insurance , and keeping coverage is getting harder

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