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Homeowners without flood insurance burdened with repair costs after Midwest storms

Listen to this article SOUTH SIOUX CITY, Neb. — Rick Satterwhite’s house backs up to the Missouri River, but flood insurance hadn’t really seemed necessary — until this week, when he had to pump water out of his basement after a round of...

California House Prices Plunge Up to $400k as Insurance Crisis Deepens

A luxurious three-bedroom single-family home in Wine Country, California, listed for sale on Zillow in late May has dropped in price by over $400,000 after spending over a month on the market without going under contract.Read more: Find the Lowest Rates From Top...

Why Citizens wants to raise your insurance rates

Governor, put down the Big Mac and pay attention.Asked about a proposed 14% rate hike in homeowners’ policies by Citizens Property Insurance Corp., Ron DeSantis responded by citing the rising cost of fast food. His family of five had just spent $50 or...

Home Insurance Prices Blamed for Increase in Foreclosures

Foreclosure filings are rising in several Southern cities vulnerable to major storms, and the rising cost of home insurance...

Rebuilding Paradise: Nonprofit’s $500 ‘defensible space’ grants help cut residents’ insurance costs

The letter from the insurance company arrived just before Brian and Morgan Gobba finally finished construction on their new house: Their homeowner’s policy was being canceled. The Gobbas were among the first families to return to Paradise after the 2018 Camp Fire killed 85 people and...

12% Americans Don’t Have Home Insurance: Why More Homeowners Don’t Think The Rising Prices Are Worth It – Insurance News

Americans are increasingly dropping their homeowner insurance policies or falling behind on payments amid high living costs and rising coverage premiums. This article is available to Insider Pro subscribers only. Sign in or register to be an Insider Pro and access ALL LOCKED articles. ...