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home insuranceCBS News
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85% Informative
The average cost of dwelling insurance is $ 2,285 per year in the U.S. for a policy with a $ 300,000 limit.
That cost is based on numerous factors, including home size and claim history.
In some areas, homes are such great a risk that they're — if private insurance is even available.
Last year was the worst year for overall U.S. insured losses due to extreme weather.
Housing development insurance rates increased by an average of 12.5% annually , a report says.
A third of housing providers surveyed saw premium increases of 25% or more from 2022 to 2023 .
VR Score
86
Informative language
84
Neutral language
71
Article tone
semi-formal
Language
English
Language complexity
54
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
14
Source diversity
14
Affiliate links
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