Homeowners brace for $4,500 ‘hurricane tax’ under risky insurance plans

HOMEOWNERS in two states are coughing up more than $4,500 a year on average for a so-called hurricane tax. Climate change is spiking insurance costs for Floridians and Louisianians because their homes are located in high-risk coastal areas. The “hurricane tax” refers to the extra amount that Americans are paying annually for hurricane or named-storm…

https://www.the-sun.com/money/16382651/homeowners-insurance-premiums-deductibles-hurricane-tax-risky/