US home insurance costs rose more steeply in areas of climate risk, US Treasury Dept study finds By Reuters
WASHINGTON — Homeowners in areas most prone to hurricanes, wildfires and other climate hazards pay significantly more for insurance than those living in the least vulnerable areas, according to a U.S. Treasury Department study. The survey found that homeowners living in the most at-risk areas paid an average of 82% more in premiums between 2018 … Read more