Citizens Property Insurance Corp., the state-backed insurer of last resort, has seen a significant reduction in policyholders, particularly in South Florida. Legislative reforms in 2021 and 2022 aimed ...

AND HOW PEOPLE GOING TO THE BEACH ARE REACTING NEXT AT SIX. TWO INSURANCE COMPANIES ARE BEING FINED FOR HOW THEY HANDLED CLAIMS HERE IN FLORIDA, AFTER HURRICANES IAN AND IDALIA. THE FLORIDA OFFICE OF ...

Homeowners insurance rates are rising across the U.S., driven by climate change, rising cost of building materials and surging home prices. Almost half of property insurance policy holders in the U.S.

Across the 50 largest metros, an average of 7.0% of monthly homeownership costs go toward property insurance. Property insurance can account for a significant chunk of your monthly budget — especially ...

Living in HOA communities has become more expensive in recent years, and insiders say rising property insurance costs are a major reason why. Insurance agents and brokers say the price pressures are ...

First, some good news for insurance consumers in South Florida: The average annual cost to insure a single-family home increased at a lower percentage rate in Broward and Miami-Dade counties than in ...

The American property insurance market is facing an intense strain, and average homeowners are bearing the brunt. Even in areas with low historical risk, such as Nebraska, costs are climbing rapidly.

Home insurance is getting more expensive in the United States, and insurers are pulling back from some regions as the cost of disasters grows. That trend is stretching the limits of what ordinary ...

The rising costs and shrinking availability of property insurance, once concerns in just a few states, have become a nationwide problem. Homeowners across the country face double-digit insurance ...

Their timing was lucky: Tim Anderson and his wife bought a house in Austin, Texas in late 2019, just before the pandemic hit and competition for houses got intense. But as home prices have risen in ...

Here’s the California home insurance debacle made simple: No more bargains. Property owners are keenly aware of the state’s numerous risks to their property, most notably wildfires. But they might be ...