Why Your Home Insurance Bill Just Spiked

Heads up, homeowners: Insurance companies are bailing on risky areas like California and Florida, leaving 1 in 4 folks dropped from coverage this year. If you’ve noticed your premium going up, you’re not alone—two-thirds of people have seen hikes, and some are even thinking about ditching insurance altogether. The reason? More wild weather means more claims, so insurers are either raising prices or peacing out. Before you cut your coverage, remember: one big storm could wipe out your savings. Check if your state offers backup plans! #HomeInsurance #MoneyTips #ClimateImpact #BudgetSmart #Finance