Almost had a coronary this morning. We received our home insurance renewal. The premium increased 46% versus previous year. In the last five years, our premiums have doubled. Insurance company mentioned in conversation this morning it is nationwide issue as the insurance pool is sharing cost associated with events in other areas. We've had no claims since 2017 when we repaired hail damage. Fact is hail and wind are the main risk factors in Montana. Nothing like the catastrophic events recently seen
Whatever you want to call climate change, the related coastal and severe thunderstorms have now made monumental insurance cost increases very real for everyone.
Whatever you want to call climate change, the related coastal and severe thunderstorms have now made monumental insurance cost increases very real for everyone.