Soaring profits are 'fueling tremendous anger' as insurance rates skyrocket across the US. How to keep a lid on premiums
Yahoo Finance·2026-01-28 19:00

An insurance premium that ratchets up almost 1,000overafewyearsisthekindofunwelcomesurprisethateveryhomeownerdreads,butthat’swhathappenedtoCliffandLauraPasquello,nowofNorthCarolina,whentheyownedahomeinPennsylvania.“Wehadonlyowned[it]forfiveyears,since2019.Andinthatfive−and−a−half−yearspan,wesawourpremiumjumpfromabout1,000 over a few years is the kind of unwelcome surprise that every homeowner dreads, but that’s what happened to Cliff and Laura Pasquello, now of North Carolina, when they owned a home in Pennsylvania. “We had only owned [it] for five years, since 2019. And in that five-and-a-half-year span, we saw our premium jump from about 1,300 to almost $2,300,” Laura Pasquello told WVIR 29 News (1), adding that there had been no hurricanes or floods over that period. ...