Global Home Insurance Market Projected to Beat

New York, USA, April 13, 2022 (GLOBE NEWSWIRE) — A new report on the global home insurance market has been added by Research Dive to its repository. According to the report, the global market is expected to hit $4,07,940.4 million by 2028rising at a CAGR of 6.8% from 2021 to 2028. This report is an … Read more

A Guide to Moving Insurance | Real Estate

Planning a big move? Moving insurance helps cover losses or repairs to your personal belongings during transit. “Whether or not you need moving insurance really depends on your situation,” says Rupa Mehta, Home Expert at Angi. “If you’re just moving a few belongings across your city, you probably don’t need to purchase insurance. However, if … Read more

Compare Homeowners Insurance Quotes | 2022

If you own a house or are buying one, you’ll want to get home insurance quotes to discover prices for protecting your house and your personal property inside it. As the Consumer Financial Protection Bureau explains, your lender will likely require insurance if you have a mortgage. Different plans vary on what the insurer will … Read more

Homeowners Are Paying More for Just About Everything

Ads by Money. We may be compensated if you click this Buying a house is expensive these days. But paying for one you already own? That’s no cheap task either. Homeowners are getting hit with higher costs from all angles. Take Eric Hegwer, a homeowner from Leander, Texas, for example. He saw his home’s … Read more

Processing a Home Insurance Claim Takes Longer Than Ever

Did you wait for a budget-straining eternity to have a home insurance claim paid last year? Join the unhappy club. The average home insurance claim was settled in 18 days in 2021, compared to just three days in 2020, according to JD Power. Those delays helped drive customer satisfaction with the handling of home insurance … Read more

Home insurance groups continue to drop Florida policies

TAMPA, Fla. — Home insurance rates are skyrocketing while insurance companies are leaving the state. FedNat is the latest insurance group to cancel more than 68,000 residential home insurance policies in Florida. They’re the ninth property insurance company to recently drop tens of thousands of Florida policies. “The Florida private insurance market is the most … Read more

New tax incentive aims to make homes more resilient to storms, provide opportunity for owners to save on insurance

Amid Florida’s home insurance crisis, lawmakers have passed a $462 million incentive to help homeowners save money. Starting in July, the home hardening incentive removes sales tax from storm-resistant windows, exterior doors and garage doors. Several lawmakers and Florida Chief Financial Officer Jimmy Patronis pushed for it, and Gov. Ron DeSantis on Friday signed it … Read more

ABI: Home insurance premiums down to record lows

The latest Household Insurance Premium Tracker of the Association of British Insurers (ABI) shows that the average premiums for buildings insurance and contents insurance alike are now at their lowest level in the UK since the ABI began collecting data a decade ago. In the first quarter of the year, the average price … Read more