Mmastodon BusinessReal Estate first seen 23 h ago, last 21 h ago, peak #9
US home insurance premiums hit record $209 a month
Original: Home insurance just hit a record $209 a month, up from $121 in 2020. That is $1,056 a year gone before you pay a cent of
Average US home insurance costs have reached a record $209 a month, up from $121 in 2020 — an extra $1,056 a year for homeowners. Critics are tying the jump to broken promises on living costs, noting President Trump pledged to bring prices down immediately after taking office. Rising premiums, driven by extreme weather and rebuilding costs, are adding to household financial strain on top of mortgage payments.
Why now: Insurance costs have surged sharply, feeding public frustration over the cost of living and political accountability.
Donald TrumpUnited States home insurance market
Evidence
- Home insurance just hit a record $209 a month, up from $121 in 2020. That is $1,056 a year gone before you pay a cent of your actual mortgage. Trump promised lower prices on day one. Keep waiting. #CostOfLiving #Housing · lagunabeachdems.bsky.social@bsky.brid.gy · 3
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