CNN The Chris Wallace Show June 4, 2024 14:49:00
It's partly due to home insurance premiums which have jumped more than 40% of the last five years. experts say the cost spike because, because of an increase in severe storms, as well as inflation and labor shortages, which make repairs more expensive for insurance companies. and here's where it could impact your bottom line experts say, if more people opt out of home insurance, it could drive up premiums for other homeowners kristin, how risky is it to voluntarily drop insurance on your home? >> it is a terrible idea because in the end, if something happens and as we know with the climate cha...