While some housing costs are included in the Consumer Price Index (CPI) it does not include all the costs that affect homeowners. One cost that has risen sharply in recent years is homeowners insurance. Climate change has resulted in more expensive disasters, which has increased the cost of claims. Increased costs have also resulted from supply-chain issues. Homeowners insurance has risen as a result but the true cost of this increase is not reflected in the CPI. This article How including accurate measurements of homeowner’s insurance in the CPI will curb increasing claims and premiums details more on this topic.
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