AMARILLO, Texas (KAMR/KCIT) — New Homeowners could be experiencing problems getting a new home insurance policy along with higher policy rates when compared to previous years.
Rich Johnson, Insurance Council of Texas Director of Communications and Public Affairs said that there has not...
What Are Assessments
Assessments are charges that both Citizens and non-Citizens policyholders must pay in addition to their regular policy premiums when due to a major storm, series of less severe storms or other catastrophic events, additional funds are needed to pay policyholder claims.
True...
Florida homeowners are paying, on average, $6,000 a year to insure their homes, outpacing the national average of approximately $1,700 a year. But changes in Florida's property insurance market could eventually lead to lower rates. "This is a result, clearly, from the significant...
Homeowners insurance rates have risen dramatically, according to an analysis by Bankrate. The average premium in February 2024 is about $141 a month for a home with $250,000 worth of dwelling insurance. That represents a 23% increase from January 2023. Find out why...
With more data and new AI-driven options in automated communications, carriers can have two-way dialogues with policyholders, making sure they understand their benefits, highlight their value and better manage expectations. Credit: chartphoto/Adobe Stock
Rising property & casualty insurance premiums are causing many consumers...
