How to Navigate the Crippling Home Insurance Crisis

Why are homeowners seeing home insurance premiums increases of up to 70%, as David has? What can you do if your insurer drops you, you get a huge premium increase, or you can no longer afford coverage?Topics covered include:What are the primary drivers of home insurance price increasesWhy these increases don't show up in the U.S. consumer price indexHow the reinsurance market works and why reinsurers are passing on 50% premium increases to property and casualty insurers.What percentage of home insurers self-insureWhat else can homeowners doSponsorsDelete Me – Use code David20 to get 20% offNetSuiteInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesHome Insurance Is Clobbering Consumers. Yet It’s Barely Counted in Inflation. by Jeanna Smialek—The New York TimesNIPA Handbook: Concepts and Methods of the U.S. National Income and Product Accounts: Chapter 5: Personal Consumption Expenditures—Bureau of Economic AnalysisThe crippling home insurance crisis hitting America by Rana Forhoohar—The Financial TimesThe Hidden Driver of Soaring Home Insurance Costs by Jean Eaglesham—The Wall Street JournalWhen Disaster Strikes: Preparing for Climate Change by Seán Nolan and Krishna Srinivasan—IMF BlogHome insurance was once a ‘must.’ Now more homeowners are going without. by Patrick Cooley—The Washington PostHomeowners Perception of Weather Risks 2023 Q2 Consumer Survey—Insurance Information InstituteInsurance Companies Feeling the Pressure in Iowa and the Midwest by Jerry Theodorou—Insurance JournalSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.