Home Insurance Is Clobbering Consumers. Yet It’s Barely Counted as Inflation.

Holly Meyer Lucas sold 30 houses in Jupiter, Fla., last year due to skyrocketing insurance costs, with rates increasing nationally on average. Rising insurance rates are a nationwide phenomenon due to inflation, labor shortages, and increased home values. Consumers are feeling the impact of high insurance costs, but they are not significantly reflected in official inflation data.

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