Firstly, the rise in home insurance costs directly impacts the financial pressure and risk management for homeowners. Faced with high premiums, homeowners are confronted with tough choices: whether to forego insurance, pay higher fees, or relocate to safer areas. These decisions not only affect the homeowners' interests but also impact the stability and development of entire communities.

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Secondly, the increase in insurance costs also affects the real estate market's operation and price formation to some extent. The rising cost of home insurance leads to higher transaction costs for housing, which may deter some potential buyers who cannot afford the high premiums, or delay their purchase decisions, thereby reducing market liquidity and activity. In the long run, housing prices may be influenced by the rising cost of insurance, especially for properties in high-risk areas where the impact can be more pronounced.

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For the real estate market, rising insurance costs also mean an adjustment in the demand and supply structure. On one hand, wealthier individuals may prefer to buy properties in high-risk areas as they can afford higher insurance premiums and see these areas as having higher investment value. On the other hand, individuals with lower incomes might choose to move to safer or lower-premium areas to avoid the economic pressure of high insurance costs. This adjustment in market structure affects the relationship between supply and demand in the real estate market, which in turn impacts housing price trends and market stability.

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Finally, in response to the challenges posed by rising insurance costs, it is essential for all sectors of society to work together to seek more sustainable solutions. Governments, insurance companies, real estate developers, and community organizations should strengthen cooperation to formulate more flexible and effective policy measures. This will promote the healthy development of the home insurance market, improve the disaster resilience of communities, thereby safeguarding the interests of homeowners, stabilizing the real estate market, and promoting sustainable societal development.