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According to the Insurance Information Institute, in 2023, United States homeowners received $1.2 billion in home insurance payouts for lightning claims. The average cost of each claim was $17,413.
A hike in premiums doesn't necessarily translate to better coverage. Troubling new report reveals major factor driving up home insurance premiums: 'We're seeing this across the country' first appeared ...
Not only is Louisiana the most expensive state for home insurance, it's also the state where premiums skyrocketed the most—by ...
Home insurance is getting pricier as hurricanes and wildfires get worse. States are trying new incentives, encouraging ...
To offset costs, many homeowners are taking matters into their own hands. Sixty-two percent reported DIY’ing critical repairs ...
The Insurance Institute for Business & Home Safety, sponsored by the insurance industry, has some of the most reliable information available on protecting homes from hurricane damage. The ...
Structural safety: Risk area: Wind and hail damage are also frequent causes of home insurance claims, with many homeowners filing related claims each year. Awareness: 61% of homeowners are aware ...
Insurance costs are soaring, and coverage is hard to find in some parts of the United States. Communities say insurers are ignoring their efforts to confront the problem.
A South Florida insurance adjuster with more than two decades of experience advises local homeowners what they should be thinking about in regards to their property insurance as hurricane season dr… ...