Extreme weather damage is leaving homeowners with long-term household debt, Hippo report finds
Third annual report shows that half of U.S. homeowners paid out of pocket for weather damage in the past three years and only 22% feel very financially prepared for an unexpected weather repair Nearly 80% of homeowners are not financially prepared for an unexpected weather-related repair, lacking either the savings to cover the cost or the ability to complete the work themselves SAN JOSE, Calif., Oct. 6, 2026 /PRNewswire/ -- Hippo Holdings (NYSE: HIPO) today released its third annual Extreme Weather Report, revealing the lasting financial consequences of weather-related home damage.