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Wave of rising insurance costs swamp Chicago homeowners – Insurance News

Chicago's North-Side bungalow and "Ma-and-Pa" apartment owners complain they are overwhelmed with a tsunami of skyrocketing insurance costs that hit in 2023 and 2024. The lofty insurance increases, which come on top of Chicago's soaring North Side real-estate taxes, adds another layer of...

How to deal with home insurance rate hikes

A recent Consumer Reports survey found that 83% of long-term policyholders have seen their rates increase over the last five years. ATLANTA — Homeowners...

Nebraska Congressman works to address high home insurance rates

Soaring costs for home insurance are crippling Nebraska homeowners, and with new data from Bankrate, Nebraska is listed as the worst state when it comes to home insurance rates. Bankrate also said the nationwide average homeowner's insurance for a $300,000 dwelling coverage is...

Climate-driven insurance crisis sweeps nation as non-renewals and premiums skyrocket

Homeowners across the United States face an escalating crisis as insurance companies abandon high-risk areas driven by climate change. A newly released Senate Budget Committee report reveals that non-renewal rates for home insurance have surged in coastal regions, wildfire-prone communities, and even inland...

Why home insurance companies are using more drones – Yahoo

Why home insurance companies are using more drones. WPTV- West Palm Beach Scripps. Mon, December 23, 2024 at 3:43 PM PST. The media could not be ... Source link

Commercial Property Insurance Rates Dip for First Time in 7 Years

The decline in commercial property insurance premiums in the second quarter of 2024 signals a shift in the industry’s...