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The truth about Florida home insurance prices: Most homeowners still seeing hikes

The truth about Florida home insurance prices: Most homeowners still seeing hikes. The next quarter could see an even larger increase. . Source link

Flood damage not covered by home insurance, residents waiting on FEMA declaration

More than 13,000 people in southeastern Wisconsin suffered property damage caused by record-setting flash flooding over the weekend.  Now, many of them are learning that the damage won’t be covered. Thousands of people have filed claims after flood waters inundated homes or swamped vehicles. But...

Are Insurance Losses in High-Risk States Driving Rate Increases in Lower-Risk Markets?

Homeowners in lower-risk insurance states — the ones not battered by hurricanes, wildfires, budget-busting premiums and insurance companies’ mass exoduses — might breathe a sigh of relief...

Securing home insurance is impacting escrows along the Central Coast

As more insurance companies scale back or drop coverage in California, the ability to secure insurance is now impacting escrows here on the Central Coast.“It’s just become one more challenge in getting a transaction closed, securing that insurance,” said Dale Kaiser, Dale Kaiser...