Part 12/16:
Natural disasters and inflated rebuilding costs are pushing homeowners insurance premiums higher across the US. Projections indicate possible increases of 8% annually over the next two years, driven by factors like wildfires, hurricanes, and supply chain issues. For consumers, this adds financial strain alongside rising mortgage and energy costs.
Brandon highlights supply chain inefficiencies—such as lumber shortages and increased labor costs—as key contributors. Regulatory shortcomings and poor forest management compound the problem, especially in disaster-prone states.