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Factoid of the Day Tuesday, October 20, 2026

Bloomberg Intelligence reported that the average home insurance premium now exceeds the average property tax bill in two-thirds of U.S. counties (2,057 of 3,126), with the share rising to 75% (2,335 of 3,126) when weather-related automobile insurance premiums are added to the total. The average household at the county level is now paying 30% more in homeowners and weather-related automobile insurance premiums ($3,160) than it does in property taxes ($2,423).

 

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