Joker on Nostr: Definitive Resource Covering The Homeowner’s Insurance Market Americans Are Bailing ...
Definitive Resource Covering The Homeowner’s Insurance Market
Americans Are Bailing On Their Home Insurance.
Some homeowners who are skipping coverage say they can no longer afford rising premiums.
Homeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of a policy.
Insurance giant State Farm last month asked California regulators for a 30% rate increase for homeowners, barely three months after a 21% increase came into effect. State Farm General, its subsidiary in the Golden State, requested a rate-control exemption reserved for insurers in financial trouble.
Florida remains the most expensive in the nation for home insurance. The average premium there last year was $3,340—roughly double the national average, according to the Insurance Information Institute.
Related:
* How To Prepare For The Expected And Unexpected Costs of Homeownership
* Home Insurance Premiums Are Surging—and States Are Allowing It
Remainder Of The Article:
https://dpl-surveillance-equipment.com/miscellaneous/definitive-resource-covering-the-homeowner-s-insurance-market/ 
Published at
2024-07-12 16:25:03Event JSON
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"content": "Definitive Resource Covering The Homeowner’s Insurance Market\n\nAmericans Are Bailing On Their Home Insurance. \n\nSome homeowners who are skipping coverage say they can no longer afford rising premiums.\n\nHomeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of a policy.\n\nInsurance giant State Farm last month asked California regulators for a 30% rate increase for homeowners, barely three months after a 21% increase came into effect. State Farm General, its subsidiary in the Golden State, requested a rate-control exemption reserved for insurers in financial trouble.\n\nFlorida remains the most expensive in the nation for home insurance. The average premium there last year was $3,340—roughly double the national average, according to the Insurance Information Institute.\n\nRelated:\n\n* How To Prepare For The Expected And Unexpected Costs of Homeownership\n\n* Home Insurance Premiums Are Surging—and States Are Allowing It\n\nRemainder Of The Article: https://dpl-surveillance-equipment.com/miscellaneous/definitive-resource-covering-the-homeowner-s-insurance-market/\n\n\nhttps://image.nostr.build/412b4128c2ba7cc45d765fbe6c470cc400a58ee620eef53032ab1dc6bec650d0.png",
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