Dossier
home insurance premiums
Coverage of home insurance premiums in the Nexus archive.
- Wildfire risk drives 84% spike in California home insurance costs in 5 years, Stanford study finds
A Stanford study found California home insurance premiums increased by 84% over five years, driven by wildfire risk. High-risk fire zones saw the largest impacts, with more homeowners shifting to the state's costly FAIR Plan as insurers reduce coverage.
- Navigating North Carolina’s home insurance affordability crisis
North Carolina homeowners face rising insurance premiums driven by climate-related risks, with a 7.5% increase this month and 55% of policies now using consent-to-rate (CTR) allowing up to 250% above base rates. Over 40 billion-dollar disasters since 2018 and weaker building codes exacerbate costs, while low-credit-score homeowners pay over double for coverage compared to high-credit counterparts.