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flag Home insurance costs surge 19% nationally, pushing some to consider retirement communities.

flag Despite overall inflation rates falling, homeowners and auto insurance costs have risen by about 19% nationally, primarily due to inflation and natural disasters. flag In states like Iowa and Illinois, rates have surged by 34% and 45% respectively since 2018. flag With insurance now accounting for a significant portion of fixed monthly expenses, especially for older adults, some are considering moving to senior retirement communities where costs like insurance, utilities, and maintenance are included in the rent. flag Ridgecrest Village is offered as an example of such a community.

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