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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...

The second storm: the devil is in home insurance – Local News Live

The second storm: the devil is in home insurance. Published: Aug. 13, 2025 at 12:53 PM PDT|Updated: 6 minutes ago. Close. Subtitle Settings. Source link

Miami home insurance rates stabilizing

Advertisement Written by Abraham Galvan on August 13, 2025 While South Florida home insurance rates remain higher than the national average, homeowners are seeing more stabilized numbers. Florida average insurance rates are about 20% higher than the rest of the nation. However, now homeowners have gotten...