This study examines the geographical spillover of the state-level average homeowners insurance cost for 48 US … found a significant positive spillover of average homeowners insurance cost as indicated by a large spatial autoregressive … average homeowners insurance cost. We conduct several robustness tests and show that the baseline results are robust if …

We document that increases in property insurance premiums reduce mortgage originations. The effect is strongest for the … effect is concentrated among highly levered borrowers. Our results suggest that increases in property insurance premiums …