Nitzan Tzur-Ilan

Supporting Information Filename Description reec70061-sup-0001-OnlineAppendix.tex23.9 KB Appendix S1:Internet Appendix. REFERENCES , , , & (2022). This is air: The “nonhealth” effects of air pollution. Annual Review of Resource Economics, 14, 403–425. , , & (2022). Effect of air pollution on house prices: Evidence from sanctions on Iran. Regional Science and Urban Economics, 93, 103720. , , & (2026).

Homeowners insurance is a cornerstone of household financial security. It protects what is often a household’s largest asset. Homeowners insurance is required in order to obtain and maintain a mortgage, and roughly 80 percent of U.S. homeowners carry it. In recent years, however, the cost of insuring a home has risen sharply. Across the country, homeowners face rising premiums and growing uncertainty about whether insurance will remain affordable in areas prone to natural disasters.

HomeEconomyDallas Fed Economics Rising homeowners insurance premiums are compounding the financial burden of households across the country that are struggling with mounting housing costs. When insurance premiums rise, homeowners have limited ways to respond. They can shop for cheaper coverage by switching insurers. Some people relocate to areas where insurance is less expensive.