Insurance.com

Federal disaster-preparedness program disruptions, including the cancellation and restoration of FEMA's BRIC program, could lead to higher home insurance costs. Insurance expert Leslie Kasperowicz warns that reduced disaster mitigation efforts and increased claims during hurricane and wildfire seasons may drive rate hikes, urging homeowners to secure coverage and mitigation discounts in advance.

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.

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.