Are your home insurance rates skyrocketing?

[Consumer Reports]   Friend, As countless Americans this week deal with the devastation left by Hurricane Helene, extreme climate-related weather events such as wildfires, tornadoes, hailstorms and flooding are becoming more common. And with these disasters, consumers are seeing huge price increases in home insurance – or in some cases, denial of coverage altogether. Nationally, homeowners insurance rates have increased 34 percent in the last five years, and increased by 50 percent in Texas, Colorado, Arizona and Utah. Consumer Reports recently investigated the cost of climate change to the next generation of children born this year, and found that it could drive up housing-related expenses by $125,000 over the course of their lives. We want to understand the impact extreme weather events are having on your ability to insure your home or, if you rent, their impact on your rental rates. We’re digging in, and your story will help us better understand what people are experiencing today, and explore potential solutions. [Tell us: Has your home insurance premium increased? Has your insurer dropped your coverage altogether?]( Has your insurer pointed to climate change or extreme weather as an explanation? Or has your rent increased due to higher insurance costs? [Share Your Story](  Affordable home insurance is vital for all consumers, and your story will help us report on the rising cost of insurance, monitor the marketplace, and advocate for strong protections. If your home insurance increased or your coverage was dropped, did your insurance company provide you with an explanation? Did they tell you any way you could lower your premium, like making your home more resilient to extreme weather events? And if they directed you to make upgrades or repairs, how much did you have to spend to maintain your coverage?  We also want to know if you were asked by your insurance company to make changes as a result of an in-person inspection or satellite picture of your home, or if [your insurer refused to pay your weather-related claim.]( And if excessive rates cause you to move or consider moving to a less disaster-prone area. [Share Your Story](  If you haven’t felt the impact of skyrocketing home insurance, but your neighbors, friends, or family have, please share this with them. As a changing climate continues to alter conditions across the U.S., it’s more critical than ever that we reach the people and communities most affected. Thank you, Drew ToherConsumer Reports [Unsubscribe from Consumer Reports action alerts.]( © 2022 Consumer Reports, 101 Truman Avenue, Yonkers, NY, 10703 [Contact Consumer Reports](