Factors including supply chain issues and climate change could mean a 9% rise in homeowners insurance rates in 2023, to an average $1,784 per year, data analysts predict in a new study by the research team at Insurify.
In 2022, home insurance rose approximately...
New You can now listen to Insurance Journal articles!It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one insurance professor recently put it, the industry’s...
Jul. 2—According to creditkarma.com, 87506 is New Mexico's most expensive ZIP code. Also, and somewhat surprising in light of New Mexico's reputation for being one of the country's most impoverished states, the 87506 ZIP code ranks as the 32nd most expensive in the...
California’s home insurance challenges are a complex web of risk management, construction costs, pricing algorithms, climate forecasts and regulatory minutia.
Recently, State Farm and Allstate — two major home insurers in California – chose to stop writing new property policies, citing rising costs. Their...
A home is a life-changing purchase. If you're considering buying a house, you'll want to prepare for all the costs associated with homeownership. You'll need to budget for much more than your monthly mortgage payment. A recent study from Zillow and Thumbtack found...
