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Video length: 2 min.
Due to climatic incidents and inflation, the cost of home insurance is increasing. Repairs are more expensive and more numerous.
A tornado in the Hérault, hail in Lyon (Rhône), intense drought in the Southwest. Repeated climatic incidents in 2022 are driving up the bill for home insurance, which has increased by 5% in one year to an average of 227 euros. An inhabitant of Montpellier (Hérault) who lives by the sea, has three apartments. In ten years, he finds that the price of his home insurance has doubled.
Prices that will double or triple by 2050
Rates vary by zone and have increased by 10.7% in Brittany, due in particular to burglaries. In Occitania, prices are up 8.2% due to bad weather. “There was an inflation on the cost of materials, on the cost of repairs, on the cost of wages“, explains Olivier Moustacakis, co-founder of assurland.com. To cover the costs of the increasing climatic episodes, the insurance supervisory authority estimates that premiums should double, or even triple, by 2050.