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New report shows 'dramatic' increase in homeowners insurance nationwide

Summary by WTKR
As prices go up across the board, people are watching their budgets more closely. Going forward families and individuals will now need to adjust for increasing homeowners insurance costs.The Consumer Federation of America wanted to understand why and what people can expect for the year ahead.So, the consumer advocacy nonprofit studied data from the six largest insurance companies from 2021-2023 for nearly all zip codes in the United States.Doug …

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New report shows 'dramatic' increase in homeowners insurance nationwide

As prices go up across the board, people are watching their budgets more closely. Going forward families and individuals will now need to adjust for increasing homeowners insurance costs.The Consumer Federation of America wanted to understand why and what people can expect for the year ahead.So, the consumer advocacy nonprofit studied data from the six largest insurance companies from 2021-2023 for nearly all zip codes in the United States.Doug …

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WTKR broke the news in on Friday, April 4, 2025.
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