CHICAGO (WBBM Newsradio) — Illinois homeowners with low credit scores are paying significantly more for insurance than those with higher scores, even when they live in areas with little risk of natural disasters,...
Across the U.S., soaring insurance premiums are putting pressure on homeowners, and for some, making it impossible to keep their homes.As extreme weather becomes more severe, these costs are expected to rise even further.What's happening?According to MarketWatch, home insurance premiums jumped 20% between...
Twenty years after Hurricane Katrina, Louisiana families are getting something they've never had before: homes that can survive hurricanes. FORTIFIED construction standards reduce storm damage by up to 70%, and Louisiana's record adoption of the program is creating a new model for disaster-resistant...
State Farm General is the largest home insurance company in California, covering about 15% of all homes in the state. It's also been very public about its rapidly deteriorating financial condition: In 2023, State Farm stopped writing new home insurance policies altogether, and...
When my friend Rebecca in Highland Park, NJ, opened her PSE&G gas and electric bill last month, she almost fell out of her seat: It had tripled.
It’s now costing her more than $1,000 a month to keep her modest home running.
“It’s been creeping...
