INSURASALES

Tag: natural disasters

Homeowners Insurance Premiums Up 10% Amid Rising Risks and Inflation

Homeowners insurance premiums have increased 10% due to rising natural disaster risks and inflation-driven replacement costs. Learn key strategies to mitigate rate hikes, including home upgrades and policy adjustments.

Texas Floods Cause Widespread Property Damage, Raising Insurance and Market Challenges

Severe July flash floods in Texas Hill Country have caused extensive property damage and triggered insurance affordability and housing market challenges, spotlighting risk management and regulatory responses.

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.

Texas Homeowners Face Rising Insurance Premiums Amid Extreme Weather Risks

Homeowners insurance premiums in Texas have surged due to increased extreme weather events and regulatory challenges, impacting affordability and market stability.

Rising Homeowners Insurance Premiums Deepen U.S. Housing Affordability Challenges

Homeowners insurance premiums have surged 24% from 2021 to 2024, driven by extreme weather events and rising rebuilding costs, exacerbating U.S. housing affordability challenges for buyers and owners alike.

Natural Disaster Fraud Risks Escalate in Texas, Louisiana, and Florida

A study reveals high levels of scam activity targeting homeowners displaced by natural disasters in Texas, Louisiana, and Florida, highlighting challenges for insurers in fraud detection and claims management.

Iowa Advances SF 619 to Strengthen Disaster Relief and Insurance Protections

Iowa's SF 619 bill enhances disaster relief by exempting assistance payments from taxes, funding relief, and protecting homeowners in insurance claims after 2024 tornadoes and floods.

Homeowners Struggle with Insurance Claims Post-Hurricane Helene

Homeowners in Buncombe County face insurance claim denials after Hurricane Helene, highlighting coverage gaps for flood and landslide damage.

Study Reveals Millions of Homes Lack Insurance Coverage

A study shows over 11 million U.S. homes lack insurance coverage, with high rates in New Mexico, West Virginia, and Mississippi. Protect your home now.

US Property and Casualty Insurance Industry Earns $170 Billion in 2024

The US property and casualty insurance industry earned $170 billion in 2024, showing significant improvements in underwriting gains and premium growth despite challenges from natural disasters.