Cybersecurity

Climate risks fuel insurance costs, squeezing US households even inland

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US homeowners are facing significant increases in insurance premiums due to climate-related disasters, with some areas seeing surges of up to 86% since 2018. This trend affects not just coastal regions but also inland areas hit by hurricanes and other severe weather events, making it harder for households to afford coverage. As climate risks continue to rise, insurers may need to charge even higher prices, potentially leaving many underinsured or uninsured against future disasters.

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