Home Insurance Premiums Surge Over 200% Due to Climate Risks, Squeezing Struggling Homeowners

Home insurance premiums are skyrocketing across the U.S. due to climate change and natural disasters, leaving homeowners struggling.
Alfredo Herrera's home insurance premium surged 208%, from $1,600 to $4,930 per year.
Insurers are pulling out of high-risk areas like California and Florida, limiting options and forcing people into expensive state-backed plans.
The number of uninsured homes could rise as premiums become unaffordable, amounting to $1.6 trillion of unprotected home value.
Diana Troxell's premium jumped 250% after her insurer declined to renew; she now pays over $6,600 per year through California's state-backed insurance plan.