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Lawmakers missing key data on insurance dropping – Insurance News

As state lawmakers look for ways to rein in rising home insurance costs this session, they are without a key data point that most other states have: where homeowners are being dropped by their insurance providers. That's because the state's Department of Insurance doesn't...

Maine’s home insurance rates stay low amid nationwide spikes

Maine’s home insurance rates have escaped a year of consecutive multi-million-dollar natural disasters virtually unscathed, according to a recent report from online insurance comparison company Insurify.While the rest of the country experienced an average premium increase of 9%, Maine saw home insurance rates...

Flood Risk May Surpass Wildfire Risk in California By 2025, Adding To Home Insurance Costs

KEY TAKEAWAYS The recent L.A. wildfires have destroyed critical vegetation, which typically absorbs rainfall and prevents floods and mudflows.By 2050, homes in Los Angeles, San Diego, and San Francisco will have a higher flood risk than wildfire risk.Many homeowners in the area may have...

How Can I Lower Climate Risks When Buying a House?

A question we get from readers more and more is some version of this: How should the growing risks from climate change affect my decision to buy a house? Or, if I buy a house, where should I buy, and what should I...