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Rising cost of homeowners insurance is scaring away millions of Americans

USA Today
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79% Informative

Federal Reserve's Economic Well-Being of U.S. Households of 2024 , released in May 2025 , found 7% of all homeowners in the country had no insurance.

43% said they "couldn't afford it" and 19% said “it is not worth the cost” Survey of more than 12,000 respondents found 3 in 10 homeowners without insurance.