Half face or expect to face trouble obtaining and renewing insurance, with some saying that they could forgo homeowners insurance altogether

As more than one in four homes in the U.S. — representing $12.7 trillion in real estate value — risk exposure to severe or extreme climate risks, nearly half of recent and prospective homebuyers have faced trouble or expect to face trouble obtaining or renewing homeowners insurance, according to a recent Realtor.com survey. Eighty-eight percent of those surveyed believe that they will pay for more homeowners insurance in the future and 42 percent have already confirmed they have experienced a rise in home insurance costs. Notably, 75% believe homeowners insurance could ultimately become unaffordable.

According to the survey, 58% of rece

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