Hailstorms Drive Up Insurance Costs Across the U.S.
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that the U.S. has experienced over 380 hailstorms this year, primarily in central states like Kentucky, Tennessee, and Texas. The increase in extreme weather is driving up homeowners’ insurance rates, a trend previously seen in hurricane- and wildfire-prone regions. As severe weather events intensify, real estate values in these areas could be negatively impacted.
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