Homeowners Insurance Blog

Is the U.S. Home Buying Market Going to Drop in 2025?

04 Jul
Housing Crisis, Low prices. Graph, Residential Building, Built Structure, Chart, Home Finances, Recession, Arrow, Real estate. The housing market is falling.

Housing Crisis, Low prices. Graph, Residential Building, Built Structure, Chart, Home Finances, Recession, Arrow, Real estate. The housing market is falling. A recent report from the Harvard Joint Center for Housing Studies found that U.S. homebuying has dropped to its lowest levels since the mid-1990s. The report, The State of the Nation’s Housing 2025 blames record high […]

Florida Homeowners Are Concerned About Property Insurance Crisis

01 Jul
"florida,Welcomes,You",Sign,Against,Palm,Trees,And,Blue,Sky

Insurance rates are rising at unprecedented rates, causing millions of people to struggle with the new premiums.  In the last three years, insurance rates have doubled in some areas. Homeowners fear for their houses while their representatives in Congress struggle to help.  Insurers are pulling out of states like Florida as damaging hurricanes and powerful […]

Upgrading Your Home Against Disasters Can Help Save You Money On Your Insurance

26 Jun
Young,Family,With,Dreaming,About,Moving,Into,New,House.,Break,

Ron Watson’s roof on his Alabama home looks the same as all his neighbors’ roofs. Yet his is saving him money every year.  With the help of nails specifically designed to stay in place during high winds, along with other construction elements, Watson’s roof is less likely to be damaged in natural disasters, like hurricane […]

Should I consider climate changes when buying a new home?

21 Jun
Happy,Millennial,Couple,Receiving,Keys,From,Realtor,,Purchasing,Real,Estate

Climate change is on our doorstep, so now more than ever, it’s essential to consider the local climate when buying a new home. Not only is the current climate important, but experts suggest homeowners look towards the future. How will the next 10, 20 or 30 years impact your new purchase?  The increasing frequency of […]

New Home Insurance Company Launches in Florida, Shows Signs of Improvement

13 May
patriot-select-insurance-florida

According to Office of Insurance Regulation and leaders in the industry, Florida may finally be emerging from the insurance crisis that it has suffered through for the last decade. Insurance companies operating in the state are starting to stabilize rates and new insurance companies are entering the Florida market.  Recently, the Office of Insurance Regulation […]

Higher Premiums and Claim Handling Causes Poor Customer Satisfaction for Insurance Companies

09 May

According to the recently released J.D. Power’s 2025 U.S. Property Claims Satisfaction Study, higher premiums and longer wait time for claim handling are making property owners less satisfied with their homeowners coverage. “Customers are, in essence, paying higher prices for slower service,” said Mark Garrett, director of insurance intelligence at J.D. Power in a press release. […]

Affordable Home Insurance Is Getting Very Hard to Find

06 May
Confident,Millennial,Indian,Female,Business,Analyst,Financial,Advisor,Preparing,Statistic

According to a recent ValuePenguin study, homeowners are having a harder time finding affordable insurance due to the property insurance crisis spreading around the country.  The report found that a shocking two-thirds of homeowners have seen premium increases in 2024. Another 25% of homeowners said they were dropped by their insurance company which is a […]

Which state pays the highest home insurance premiums in 2025?

24 Apr
Real,Estate,Concept.,Property,Investment,,Asset,Management,,Loan,Mortgage,,House

Recently, Insurify released its third annual American Homeowner Insurance report which offers a detailed forecast of insurance trends in the U.S. for 2025.  States that have a high risk of wildfires and severe weather will see the largest increases in homeowners insurance premiums. According to the report, Louisiana will see the largest premium increases with […]