Homeowners insurance costs could spike over next 2 years
Homeowners could see insurance premiums jump another 16% over the next two years due to an uptick in natural disasters and rebuilding costs. The average homeowner insurance premium is expected to rise 8% in 2026, followed by another 8% in 2027, real estate analytics firm Cotality projected at an annual real estate conference.Cotality's chief data and analytics officer, John Rogers, explained that these premiums have been "rising dramatically" over the last […]