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The Rising Cost of Homeowners Insurance and Its Impact on Housing Affordability

Speaking of the Economy

Release Date: 08/21/2024

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Sierra Stoney outlines the factors that have recently driven up premiums for homeowners insurance, adding pricing pressure to housing markets. Stoney is a senior research analyst on the Regional and Community Analysis team at the Richmond Fed.

Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2024/speaking_2024_08_21_homeowners_insurance