Federal disaster program disruptions could drive up home insurance costs

Disruptions to federal disaster-preparedness programs, including the Building Resilient Infrastructure and Communities (BRIC) program, could lead to higher home insurance costs as insurers face increased risks from hurricanes, wildfires, and other disasters. FEMA program funding cuts and court challenges may reduce damage-mitigation efforts, resulting in more severe claims and rate hikes, according to insurance expert Leslie Kasperowicz of Insurance.com.