The Soaring Cost of Coastal Living
The Soaring Cost of Coastal Living
US · Published Aug 29, 2025
Coastal homeowners face soaring insurance premiums due to increasing storm risks.
Insurers are raising rates, cutting coverage, or demanding costly home upgrades.
Families are struggling to afford coastal living due to climate-related financial burdens.
Coastal living dreams overshadowed by insurance costs
The dream of coastal living is increasingly overshadowed by the soaring costs of homeownership, particularly when it comes to insurance. Coastal homeowners are facing insurance premiums that are climbing at rates far outpacing general inflation, creating a significant financial strain. This increase is primarily driven by the growing risks associated with climate change and the heightened potential for severe storms.
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