The Regime Media appear to have settled on a non-Bidenomics or inflation culprit for the ongoing spike in home insurance rates: climate change. CBS and NBC did so immediately after delivering rosy reports on inflation and holding out hope for a single rate cut this year.
Most emblematic of this coverage is NBC’s report, which establishes climate change as a primary culprit of the rise in home ownership costs:
BRIAN CHEUNG: The costs of owning and maintaining a home have soared, up 26% since 2020 according to one analysis. And home insurance is a major piece. That’s up 20%. One of the reasons, climate change. Last year, the United States had a record 28 separate weather and climate disasters costing at least $1 billion, with insurance companies losing money in 16 states. And now many insurers are dropping customers from their policies, sometimes leaving…
