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Federal disaster program disruptions could drive up home insurance costs
Federal disaster program disruptions, including the canceled and restored FEMA Building Resilient Infrastructure and Communities (BRIC) program, may lead to higher home insurance costs, according to Leslie Kasperowicz, editor-in-chief of Insurance.com. Insurance experts warn that reduced disaster preparedness and increased claims from severe weather could drive up rates, urging homeowners to secure coverage and mitigation discounts in advance.
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