premiums

Why home insurance will get more expensive for all of us and unaffordable for some: experts

Why home insurance will get more expensive for all of us and unaffordable for some: experts

As extreme weather events such as forest fires and floods become more severe and common thanks to the effects of climate change, experts say that could result in more expensive home insurance in the long term. Morgan Roberts, insurance sales director at Ratehub.ca, says the increasing frequency of claims means that insurance companies could try to implement more premium hikes.