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Central Florida agent predicts rise in rates from Helene

ALTAMONTE SPRINGS, Fla. — As people across the Sunshine State clean up the damage leftover by Hurricane Helene, many might be talking to insurance companies to assess how much it will cost to fix the damage. Even though many Central Floridians were spared the...

Hurricane Helene hits Florida homeowners already facing soaring insurance costs

As Hurricane Helene barreled through Florida, the storm's winds and flooding left a trail of damaged homes in its wake, causing up to an estimated $6 billion in private insurance losses, according to global reinsurance broker Gallagher Re.As homeowners assess the damage, the storm...

Insurers keep dropping California homeowners – NBC Bay Area

Many California families are opening their mailboxes and finding a bombshell: a letter from their insurance company saying they're losing their homeowners' insurance coverage, even if they live where you’d think fire risk is low.  Many families are asking how these companies can easily...

13 largest homeowners insurers denied nearly half of claims last year

Likely looking to offset the rising costs of climate change, the nation's 13 largest homeowners insurers denied 47.5% of their claims last year, compared with 37.4% for all reporting underwriters, a study from Weiss Ratings alleged.Several factors can lead to a claim being...

Column: More regulations are not the answer to wildfires and property insurance

In most cases, property insurance covers fire damage, including wildfires. Insurers in many states have ... Source link

Home insurance unaffordable for many, leaving them exposed to big losses

(InvestigateTV) — A report by the Consumer Federation of America shows that over 6 million homeowners lack homeowners insurance, leaving them unprotected from national disasters and other significant damages that might happen to their homes.Sharon Cornelissen, Director of Housing, and Douglas Heller, Director...