by Jack Hellner
American Thinker
Home insurance rates are continuing to skyrocket, to the point that many people no longer have good options on affordable coverage.
And the cause? Well the media and the industry say it’s climate change. From NPR:
‘Everything is rising at a scary rate’: Why car and home insurance costs are surging
Last year, there were around two dozen severe storms in the U.S. with billion-dollar price tags, spreading lightning, hail and damaging winds through many parts of the country.
‘While a lot of these storms don’t make national headlines, they do tend to be very costly at the local level,’ says Tim Zawacki, principal research analyst for insurance at S&P Global Market Intelligence. ‘And the breadth of where these storms are occurring is something that I think the industry is quite concerned about.’
From Marketplace: