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Natural Disasters Blamed as Home Insurance Projected to Rise 8% in 2025

Summary by Rethinking65
The average annual cost of home insurance will rise 8% this year — or $261 — to  a national average of $3,520 as insurance companies seek to recoup massive losses from severe weather events of recent years, according to a new analysis. Weather-related disasters, including hurricanes in the South, wildfires in the West and hailstorms in the Midwest, have been increasing in intensity and frequency, causing larger losses and higher claim payouts, a…
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Rethinking65Rethinking65

Natural Disasters Blamed as Home Insurance Projected to Rise 8% in 2025

The average annual cost of home insurance will rise 8% this year — or $261 — to  a national average of $3,520 as insurance companies seek to recoup massive losses from severe weather events of recent years, according to a new analysis. Weather-related disasters, including hurricanes in the South, wildfires in the West and hailstorms in the Midwest, have been increasing in intensity and frequency, causing larger losses and higher claim payouts, a…

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iAguaiAgua

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Primus Line® pressure pipe trench-free rehabilitation technology and the temporary transport of fluids on the ground is an ideal solution for re-establishing supply when these natural disasters occur.

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iAgua broke the news in on Monday, May 19, 2025.
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