Why Homeowners Insurance Is Getting Harder to Afford

Homeowners insurance premiums are rising at double-digit rates across much of the U.S., and in some states insurers are simply pulling out. In this episode, Lucas and Luna dig into what’s driving the spike: climate risk models that have finally caught up to reality, reinsurance costs that have doubled in three years, and state-level regulatory battles. They focus on California and Florida, where two very different crises are playing out, and explain why your premium might go up even if you’ve never filed a claim. They also look at what the Federal Reserve’s latest inflation data suggests about the persistence of property insurance costs in core CPI. If you’ve ever wondered why that annual renewal letter keeps getting worse, this one’s for you. #HomeownersInsurance #ClimateRisk #Reinsurance #CaliforniaInsurance #FloridaInsurance #PropertyInsurance #InsurancePremiums #CoreInflation #Fed #CPI #Economics #RealEstate #Housing #InsuranceCrisis #RiskModeling #FexingoBusiness #BusinessPodcast #TheHousingEconomy Keep every episode free: buymeacoffee.com/fexingo