"The climate is changing, and science tells us it's going to continue to do so, says Janet Ruiz, director of strategic communications for the Insurance Information Institute."
"Yet many Americans say they haven't done anything to prepare their homes or their finances against the increasingly likely damage of natural disasters and extreme weather events, according to Bankrate's 2024 Extreme Weather Survey."
"In 2023, there were 28 weather disasters with damage that each exceeded $1 billion in the U.S. Between 1980 and 2023, the U.S. had 376 weather and climate disasters with the overall damage costs reaching or exceeding $1 billion."
"Americans spend an average of $1,667 on emergency repair costs per household, according to the 2023 State of Home Spending report from the home services site Angi. That's up from $419 in 2019."
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