Extra: Buying a Home? Insurance & Affordability Pose Fresh Problems For Americans

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 6 April 2024

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As if buying a home wasn’t already a big enough challenge, now homeowners in states with frequent disasters like floods and hurricanes are getting slapped with major spikes in insurance rates. Americans in states like California, Texas, and Florida are already saying that the natural disasters in their communities have made their homes unaffordable. On top of this, insurance companies are now dropping coverage for homes and apartments in high-risk areas. FOX Business real estate contributor and host of “Mansion Global,” Katrina Campins, joined the FOX News Rundown Extra to explain what’s causing the uncertainty around affordable home insurance and tell listeners about the areas where the U.S. real estate market is heating up. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Cracken.
0:03.0	Crippo is like the financial system, but different.
0:06.0	He doesn't care where you come from,
0:08.0	what you look like, your credit score,
0:10.0	or your outrageous food delivery habits.
0:13.0	crypto is finance for everyone, everywhere, all the time.
0:17.0	Visit Krakon.com slash see what crypto can be.
0:21.0	To learn more, don't invest in as you're prepared to lose all the money
0:24.9	you invest. This is a high-risk investment and you should not expect to be protected if something
0:28.9	goes wrong.
0:29.9	This is the Fox News rundown extra. I'm Chris Foster.
0:34.0	One of the things that's gotten more expensive for Americans, in some cases a lot more expensive,
0:41.0	is insurance, car insurance and homeowners insurance, which is becoming harder to even get in some states with a lot of natural disasters like wildfires in California and hurricanes in Louisiana and Florida. Between a campins is a real estate agent based in Miami, Florida.
0:54.8	And some Donald Trump's TV show The Apprentice from the beginning might remember her as a
0:58.0	contestant on season one in 2004.
1:00.8	Now she's a Fox Business real estate contributor and hosted the show Mansion Global.
1:05.2	We spoke about homeowners in Florida having a harder time getting or affording insurance,
1:09.5	also how a recent real estate industry settlement might affect agents, buyers, and sellers
1:13.6	and what I should do when I win big money playing the lottery someday. A lot of that stuff didn't make it
1:18.0	into the regular weekday podcast and radio show, so this is the whole conversation right here.
1:22.6	Thanks for listening, thanks for subscribing.
1:24.7	Now Katrina Campins, on the Fox News rundown extra.
	...

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