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Map Reveals States Where Home Insurance Is Devouring Household Budgets

While rising home prices and stubbornly high mortgage rates continue pushing the dream of homeownership out of many Americans’ reach, soaring insurance premiums are making it harder for homeowners in disaster-prone parts of the country to hold on to the properties they already...

Next phase of Abbott’s affordability plan is to reduce home, auto insurance costs – Insurance News

(The Center Square) – Texas Gov. Greg Abbott is touring the state to discuss the latest aspect of his affordability plan: reducing home and auto insurance costs. Under the Biden and Trump administrations, the cost of goods, services and energy have risen while incomes...

Gov. Greg Abbott rolls out initiatives to limit growth in home, car insurance costs – Houston Public Media

Andrew Schneider/Houston Public Media Gov. Greg Abbott is proposing measures to help rein in rising home and car insurance costs for Texas residents. Abbott spoke Wednesday following a campaign stop in northwest Houston to meet with residents to discuss their concerns about affordability. "Texas has...

Home insurance premiums surge at double the decade-long average

Annual growth is forecast to ease to 5.9% in 2026 as pricing conditions moderate following an extended hard cycle, though underlying cost drivers remain in place.The most recent edition of the Actuaries Institute’s Australian Actuaries Home Insurance Affordability Index – covering the year...

Greg Abbott to push plan to help homeowners build storm-hardened roofs

Gov. Greg Abbott plans to announce a legislative push on Wednesday for a $400 million grant fund to help homeowners fortify their roofs, which could help drive down home insurance costs. Abbott is set to discuss the proposal during a campaign stop at a...

Governor Newsom warns that lenders must provide timely and fair payouts to LA fire survivors

Across Los Angeles County, over 11,000 single-family homes and 13,000 housing units were severely damaged or destroyed, with thousands more affected by smoke damage.  Rebuilding is well underway, with nearly  2,500 homes now under construction. According to recent survey data from the Department of...