Home Insurance

Florida's homeowners insurance market is on the verge of collapse due to fraud, litigation, and rising costs. This article explores the factors driving the crisis, its impact on insurers and policyholders, and the state's efforts to address the issue.

This article discusses a satellite media tour by the Insurance Information Institute and Colorado State University to address the upcoming peak of the 2020 hurricane season. It emphasizes the importance of adequate insurance coverage and preparedness plans for individuals and businesses in hurricane-prone areas.

This article discusses the impact of removing development incentives from high-risk areas on enhancing flood resilience, using the Coastal Barrier Resources Act as a case study. It also explores the challenges of balancing housing demand with flood risk and the importance of public-private collaboration in risk mitigation strategies.

This article discusses the slowdown in Florida homeowners insurance premium growth due to legal reforms and moderating inflation. It highlights the impact of litigation and the early signs of success from the reforms.

This article delves into the billion-dollar impact of lightning-caused homeowners insurance claims in the U.S., highlighting trends, regional impacts, and practical advice for homeowners.

This article discusses the rising costs of homeowners insurance premiums, driven by factors such as inflation, natural disasters, and pandemic-driven supply chain disruptions. It provides insights into the current state of the insurance market and offers advice for homeowners looking to manage their costs.

This article discusses the risks of mudslides and mudflow in California, particularly in areas affected by recent wildfires, and explains the differences in insurance coverage for these disasters. It also provides practical advice for residents to protect their assets.

The U.S. property and casualty insurance industry is seeing improved underwriting results, particularly in personal lines, which are narrowing the gap with commercial lines. However, natural catastrophes pose a significant uncertainty.

This article discusses the challenges posed by California's Proposition 103 on insurers and the evolving risk landscape in the state, highlighting the need for modern risk-based pricing strategies and offering insights for consumers.

Florida's insurance market is showing signs of recovery thanks to recent legal reforms, but premium relief and natural disaster risks remain significant challenges.

This article examines the impact of extreme weather events on insurance rates, highlighting the role of inflation and providing data-driven insights. It offers practical advice for policyholders to navigate these challenges.

Recent flooding in Kentucky and other extreme weather events highlight the need for comprehensive planning and adequate insurance coverage. This article discusses the importance of resilience planning, the flood protection gap, and the need for change in the current system.

This article discusses the potential impact of a modern Hurricane Katrina, highlighting the rising costs of natural disasters and the role of climate change in exacerbating these costs. It emphasizes the importance of adequate insurance coverage and climate resilience.

This article warns consumers about the potential influx of flood-damaged vehicles onto the used car market following Hurricane Barry. It outlines the risks associated with purchasing such vehicles and provides tips to avoid being scammed.

This article discusses the paradoxical decrease in dog bite claims despite a surge in pet adoption during the COVID-19 pandemic. It highlights the rising costs associated with these claims and emphasizes the importance of prevention strategies, particularly during National Dog Bite Prevention Week.

This article discusses the Senate Banking Committee hearing on FEMA's National Flood Insurance Program reauthorization, emphasizing the importance of risk transfer and reduction strategies for enhancing flood resilience. It highlights successful examples and calls for broader industry collaboration.

This article explains what Additional Living Expense (ALE) coverage is, what expenses are typically covered by ALE, and how ALE applies to damage from Hurricane Ida. It also discusses federal assistance available through FEMA and provides useful advice for readers.

This article examines the national trend of increasing homeowners insurance costs and provides a state-by-state analysis of affordability. It also discusses the underlying factors driving these costs and offers practical advice for homeowners.

A recent report by Triple-I reveals that 60% of homeowners have taken no steps to prepare for weather-related risks. This article discusses the importance of understanding your risk level and taking appropriate measures to protect your home and family.

A recent survey by Triple-I shows increased disaster preparedness among homeowners, but highlights a gap in understanding insurance coverage. The survey also examines risks from wildfires and earthquakes, and auto insurance premium relief during the pandemic.

This article provides essential tips for pet owners and parents to prevent dog bites, understanding dog behavior, and practical safety measures. It emphasizes the importance of preventive measures to avoid tragic consequences.

This article explores the effectiveness of impact-resistant roof shingles, detailing the research conducted by the IBHS and providing insights into the cost-benefit analysis for homeowners. It emphasizes the importance of considering local climate and insurance policies before making a decision.

This article discusses the low flood insurance take-up rates in Mississippi despite increasing flood risks, highlighting the need for awareness and action among homeowners.

This article provides a practical guide to insuring your engagement ring after proposing on Valentine's Day. It outlines the importance of insurance, steps to ensure adequate protection, and the necessity of documenting and appraising your ring.