Category: Insurance

FeaturedHomesInsuranceMoney

The Hartford Halts New Home Policies in California

Written by:

Connecticut-based insurer The Hartford announced it will no longer sell new home insurance policies in California, citing the “unique challenges” of the state’s home insurance market. …

FeaturedInsuranceMoney

Homeowners to Flee These 10 States Due to Sky High Home Insurance Costs

Written by:

Homeownership has long been a key tenet of the American dream. But, for many Americans, it’s a milestone that’s increasingly difficult to achieve. Over the past …

FeaturedInsuranceMoneyMortgagesNews

Florida Weighs Tying Home Insurance to Unpaid Mortgage Balances

Written by:

With Florida homeowners burdened by the highest property insurance costs in the country, the state legislature is considering a pair of bills aimed at reducing premiums …

AutosFeaturedInsuranceMoney

5 Reasons Your Car Could be Uninsurable

Written by:

Auto insurance is one of the most common types of insurance in the U.S. Nearly all states require drivers to have liability car insurance covering a …

AutosFeaturedInsuranceMoney

New York law takes action on auto insurance for the people

Written by:

Auto insurers in New York will soon have to use third-party information to verify driving history when a consumer applies for a policy. A new law …

AutosFeaturedInsuranceMoney

California warns auto insurers: No stalling tactics

Written by:

Some California auto insurers may be intentionally making it difficult to apply for car insurance in the state, or failing to offer required “good-driver” discounts to …

FeaturedHomesInsuranceMoney

A dive into 2024 home insurance prices according to real estate & finance experts

Written by:

Almost everyone who had home insurance in 2023 ended the year paying more. Home insurance prices have increased 35% over the past two years, with the …

FeaturedHome & GardenHomesInsuranceLifestyleMoney

9 things you need to know about insurance & home renovations

Written by:

Renovations are exciting, but taking on a big home project isn’t always smooth sailing. Worst case scenario, your home renovation will void your home insurance policy …

FeaturedInsuranceMoneyNewsUS News

Florida’s proposed budget for 2024 year targets insurance crisis

Written by:

Florida’s proposed 2024–2025 fiscal year budget includes more than $500 million earmarked for relief measures for Florida homeowners grappling with rising home insurance costs. The budget …

AutosFeaturedInsuranceMoney

North Carolina auto insurance rates predicted to rise. Here’s why

Written by:

North Carolina has some of the lowest car insurance rates in the country, according to Insurify data. But many Tarheel drivers will see their car insurance …

FeaturedHomesInsuranceMoney

FAIR & other last resort insurers are becoming the only affordable option for homeowners insurance

Written by:

Many states have Fair Access to Insurance Requirements (FAIR) Plans to provide home insurance to property owners who can’t find coverage in the voluntary insurance market. …

FeaturedInsuranceMoney

State Farm, Kentucky reach $1.35M settlement

Written by:

State Farm, the largest U.S. auto insurer by market share, and the Kentucky attorney general’s office have reached a settlement over allegations that the insurer failed …

FeaturedInsuranceMoney

1-in-5 properties in Mississippi, Louisiana and New Mexico don’t have disaster insurance— And here’s why they should

Written by:

No one can predict when disaster will strike. But having the right type and amount of homeowners insurance could provide financial protection for your property and …

AutosFeaturedInsuranceMoney

Average car payment and auto loan statistics for 2024

Written by:

The average car payment for new vehicles was $726 in the third quarter of 2023, a 3.6% increase from the third quarter of 2022. The average …

EntertainmentFeaturedInsuranceMoney

Keep the change, ya filthy animal: How much of Kevin McCallister’s destruction in ‘Home Alone’ would insurance actually cover?

Written by:

Ask most millennials about their favorite Christmas movies, and there’s a good chance they’ll mention “Home Alone.” The classic 1990 family comedy, directed by Chris Columbus …

FeaturedInsuranceMoneyNewsUS News

Judge approves coverage expansion for CA FAIR Plan as a last resort for Californians

Written by:

A Los Angeles Superior Court judge ruled on Nov. 27 that California’s insurance commissioner can order the state’s home insurer of last resort to expand its …

AutosFeaturedInsuranceMoneyNews

The empire state ends photo inspections for new car insurance policies

Written by:

New York drivers buying a new full-coverage car insurance policy may no longer face cancellation if they fail to submit photos of their vehicles to their …

AutosFeaturedInsuranceMoney

A bad brake: Drivers grapple with 9% increase in car ownership costs in 2023

Written by:

In the past year, Americans have faced a 3.7% jump in food costs, a 7.4% increase in rent, and a 7.2% spike in the price of …

FeaturedInsuranceMoney

Pennsylvania launches flood insurance task force

Written by:

A new Flood Insurance Premium Task Force in Pennsylvania will look for ways to make flood insurance more affordable and accessible in the Keystone State, Gov. …

AutosFeaturedInsuranceMoney

How trying to make car insurance rates ‘fair’ can backfire

Written by:

Insurance underwriting is essentially a form of price discrimination: Insurance companies charge different prices to different customers depending on their perceived risk of filing a claim. …

FeaturedInsuranceMoney

Don’t know about long-term care insurance? It could cost you

Written by:

A lack of awareness may be what’s holding people back from purchasing long-term care insurance, a recent study suggests. People who skip out on long-term care …