As premiums rise sharply, financial planners say homeowners still have levers they can pull – but only if they treat ...
Homeowners will need to fork over more cash to protect their homes, with premiums set to be more expensive by the end of 2025. Natural disasters, fueled by climate change, are the leading cause, ...
Rising home insurance costs are pushing homeownership out of reach for many, and a complex web of stakeholders make solutions ...
Forbes contributors publish independent expert analyses and insights. Jamie Gold writes about wellness design and related housing topics. It used to be said that owning a home protected you from ...
With an average annual premium of $6,274, Louisiana homeowners have the highest true cost of home insurance at 10.78 percent of household income. Based on a median annual income of $77,719, the ...
In 2023 and 2024, the United States experienced the most natural disasters on record that led to damages of at least $1 billion. So it’s no surprise that home insurance companies over the past few ...
It’s no longer just mortgage rates or property taxes pushing homeowners to the brink; skyrocketing insurance premiums have become a deal breaker of their own. In states where hurricane, wildfire, and ...
Everything that they have to rebuild there, that’s that much less material and supplies available for here in Wisconsin,” ...
Mortgage delinquencies are on the rise, especially among vulnerable first-time home buyers In the span of a year, Otto Catrina's property-insurance premiums went up from $7,000 to $12,000. The ...
The national average cost of home insurance is up 9% compared to two years ago, according to Bankrate. The state with the highest average home insurance cost is Louisiana. California saw the fastest ...
As homeowners insurance premiums hit record highs, homebuyers are growing increasingly concerned about their ability to afford them. The average single-family homeowner is now paying almost $2,370 a ...
And now, the math is no longer making sense for some homeowners. "In coastal and wildfire-prone states, I've worked with customers who adored their homes but couldn't come to grips with annual ...