INSURASALES

Tag: Homeowners Insurance

Oklahoma Homeowners Face 8% Insurance Premium Increase Amid Extreme Weather Risks

Oklahoma homeowners are experiencing an 8% rise in home insurance premiums in 2023 due to increased claims from hail, wind, wildfires, and tornadoes. Strategies to mitigate costs include home fortifications and deductible adjustments.

J.D. Power Reports Decline in U.S. Homeowners Insurance Claims Satisfaction in 2025

J.D. Power's 2025 study reveals declining satisfaction in homeowners insurance claims due to rising catastrophes, premium hikes, and extended claim payouts.

Connecticut Homeowners Face Rising Insurance Non-Renewals Amid Cost Pressures

Connecticut homeowners saw a 45% rise in insurance policy non-renewals in 2023 amid rising repair costs and tariff-related inflation, reflecting national insurance market challenges.

Orion180 and Jewelers Mutual Partner to Offer Enhanced Jewelry Coverage in Homeowners Insurance

Orion180 teams up with Jewelers Mutual to integrate specialized high-value jewelry coverage into homeowners insurance, enhancing policy customization and protection options.

California Homeowners Sue Insurers for Coordinated Denial of Fire Risk Coverage

California homeowners sue major insurers alleging collusion to deny coverage in fire-prone areas, forcing reliance on the California FAIR Plan with higher premiums and lower coverage.

Texas Insurance Rate Hikes Challenge Housing Affordability Amid Legislative Review

Texas faces a 22% rise in home insurance premiums in 2024, driving legislative efforts to balance insurance regulation and housing affordability through oversight and market-based solutions.

Patriot Select Enters South Florida Home Insurance Market

Patriot Select, a new home insurer based in St. Petersburg, begins operations in South Florida, expanding options beyond the state's insurer of last resort.

North Texas Homeowners Face 22% Insurance Premium Increase in 2024

North Texas homeowners see a 22% rise in insurance premiums in 2024 driven by increased storm claims and rising material costs, impacting mortgage affordability and lending.

California Homeowners Insurance Lawsuits Highlight Market and Regulatory Challenges

Class action lawsuits in California target major insurers over alleged conspiracy limiting homeowners coverage, spotlighting FAIR Plan reliance and regulatory responses.

Farmers Insurance Cancels 200 Oregon Home Policies Amid Rising Wildfire Risks

Farmers Insurance cancels 200 home policies in Oregon due to rising wildfire risks, causing premium hikes and coverage challenges amid a volatile insurance market.