Best Read Homeowners Headlines
Headlines from our Homeowners Topic Page with the most time spent reading.
#1 Policygenius Finds Average Home Insurance Prices Up 21%
Sep 14 2023 // Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance...
#2 AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist
Sep 18 2023 // The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance...
#3 US Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report
Sep 20 2023 // Home insurance costs that have soared in much of the US may get even higher. Tens of millions of properties around the country are insured at prices that haven’t caught up with the danger of hurricanes, wildfires and...
#4 Lightning to Blame for $952M in Homeowners Claims in 2022
Jun 19 2023 // Claims involving lightning in 2022 resulted in homeowners insurance payouts approaching $1 billion, according to the Insurance Information Institute. The total value of claims in 2022 attributable to lightning was $952...
#5 Climate Change and Homeowners’ Insurance Are on a Collision Course
Jun 9 2023 // A summer that has already seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched battle between climate change and the price of homeowners’ insurance in the US. American...
#6 Miami’s Septic Tanks, Trash Problems Test Appeal to Rich Homeowners
Aug 11 2023 // Miami wants to attract even more out-of-state workers and wealthy newcomers like hedge fund tycoon Ken Griffin. But first, County Mayor Daniella Levine Cava faces a huge environmental problem: overflowing garbage heaps and...
#7 Devastated California Town Struggles to Rebuild Amid High Home Insurance Costs
Nov 8 2023 // Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018 along with much of the town of Paradise. After the fire, she got divorced, which left her with only...
#8 Home Insurance as a Work Benefit? Recoop Says It’s Bringing it to Florida and All States
Aug 28 2023 // Health insurance. Dental insurance. Accidental death and dismemberment. Why not homeowners insurance as an employee benefit? That’s exactly what Darren Wood is thinking. Wood is the founder and chief product officer...
#9 As Homeowners Face Mounting Disasters, Reality TV Wants to Help
Dec 6 2023 // Television networks are tapping into a mounting challenge affecting many US homeowners: Rebuilding after disasters. Rachael Ray — the chef whose TV programs on quick dinners gained popularity in the early 2000s — has...
#10 Farmers Halts Homeowners Policies in Florida
Jun 16 2023 // Farmers Insurance has confirmed it has halted sales of new homeowners policies in Florida just as the new hurricane season is getting underway. The insurer cited rising costs as the reason. “With catastrophe costs at...
#11 Hawaiian Utility Sued by Homeowner Over Lahaina Fire
Aug 17 2023 // The Hawaiian power company in the crosshairs after wildfires ripped through parts of Maui faces a new lawsuit blaming its equipment for starting blazes that claimed more than 100 lives and wreaked billions of dollars in...
#12 Homeowners Had Issues with Hot Water Tank Before Deadly Blast in Pennsylvania
Aug 17 2023 // The owners of a home that exploded in western Pennsylvania last weekend were having issues with their hot water tank, authorities said, but the cause of the blast that killed five people — including two municipal...
#13 Agent’s Failure to Disclose Dog Comes Back to Bite Homeowner
Jul 12 2023 // A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is not entitled to insurance coverage because his home insurance application, which was completed by his insurance agent,...
#14 Farmers Limits New Homeowners Policies in California, Prompting Insurer Group to Call for Reform
Jul 7 2023 // Farmers will limit new homeowners insurance policies in California, according to a statement issued by the carrier that follows a similar decision by State Farm last month and adds to a growing list of major carriers...
#15 Viewpoint: Reinsurance Solution Would Help Homeowners Exposed to Wildfires Face the Challenge
Oct 12 2023 // Wildfire has become an increasingly challenging threat in many Western States. With an ever-increasing frequency and intensity, this continues to pose a serious threat to lives and properties across the exposed area....
#16 Police Didn’t Give Alabama Homeowner Time to Respond Before Firing, Lawyer Says
Oct 10 2023 // DECATUR, Ala. (AP) — An attorney representing the family of a Black man who was fatally shot at his home by police said Friday that officers did not give the man time to respond before they opened fire. Steve...
#17 Climate Change, Natural Disasters Sent Texas Homeowners Insurance Rates Skyrocketing in 2023
Dec 1 2023 // Insurance companies across Texas have dramatically increased home insurance rates this year, state filings show, as climate change spooks executives and inflation pushes up costs to rebuild after natural disasters. Texas...
#18 Louisiana Homeowners Eligible for Roofing Retrofitting Grants
Jul 3 2023 // Louisiana homeowners will soon be able to apply for grants to retrofit their roofs to beyond-code construction standards, spurring discounts to their insurance premiums. State lawmakers appropriated $30 million to the...
#19 Nevada Law Signed to Help Homeowners Move from Sinking Nevada Neighborhood
Jun 23 2023 // A North Las Vegas neighborhood is marking passage of a state law committing $37 million to help homeowners move from the once- segregated neighborhood where geologic features have made homes crack, sink and sometimes...
#20 Top 4 Alternatives to Purchasing Homeowners Insurance
Mar 4 2024 // Homeowners insurance companies are having a rough year. What’s worse is that they seem to be taking it out on us, their customers. According to an article on Policygenius, the cost of homeowners insurance went up an...
