INSURASALES

Tag: homeowners insurance

Farmers Insurance Policy Cancellations Alert Senior Homeowners

Issues with unexpected cancellations of Farmers Insurance home policies affect senior clients, prompting scrutiny of insurer practices and advice on regulatory compliance and consumer actions.

Louisiana House Rejects Tax Credit Bill for Low-Income Homeowners Facing Insurance Hikes

Louisiana House narrowly defeats Senate Bill 235 proposing tax credits to assist low-income homeowners with rising insurance premiums amid ongoing market challenges and calls for stronger industry oversight.

US Homeowners Face Over $21,000 Annually in Hidden Costs

Study finds U.S. homeowners spend over $21,000 yearly on hidden costs including maintenance, property taxes, insurance, and utilities, with significant state-by-state variation.

U.S. Faces Billion-Dollar Risks as 2024 Hurricane Season Forecasts Elevated Home Damage

The 2024 hurricane season threatens billions in U.S. property damage, exposing insurance gaps and financial risks in coastal markets. Insight on risk, insurance coverage, and federal preparedness.

Rising Homeowners Insurance Costs Drive Coverage Gaps and Community Risks

Rising homeowners insurance premiums are causing coverage gaps, increasing foreclosures and impacting community stability across the U.S. Market transparency and resilience investment are key to addressing this trend.

Hail Damage Risks and Insurance Coverage for U.S. Rooftop Solar Systems

Explore how hailstorms impact U.S. rooftop solar systems and insurance coverage essentials to protect renewable energy investments amid rising severe weather events.

Climate Surge Threatens US Mortgage Stability with Rising Foreclosures

First Street's assessment shows climate disasters in the US driving up mortgage foreclosures through rising insurance costs, flood damage, and credit risk, threatening housing market stability.

Wildfire Risk Drives Homeowners Insurance Crisis in Mountain West States

Mountain West states face rising homeowners insurance cancellations and premiums driven by wildfire risks. Regulatory efforts highlight urgent need for market stability and risk mitigation.

Storm Damage in Missouri Highlights Insurance Claims Delays and Coverage Gaps

Severe storm damage in Missouri exposes insurance claims delays and coverage gaps, with affected homeowners facing adjuster visit delays and inequities in insurance coverage.

Porch Group’s HOA Tops AM Best Homeowners Insurance Rankings

Porch Group's Homeowners of America Insurance Company ranked first in Texas and third nationally in direct combined ratio performance in the 2024 AM Best report, demonstrating strong underwriting and loss ratio improvements continuing into 2025.