Tag Archives: homeowners insurance

What causes North Carolina home insurance to go up?

07 Jul
Beautiful,Autumn,Scenery,At,Great,Smoky,Mountains,National,Park.

A homeowner in North Carolina was greeted with a nasty surprise this year, a 41% increase in his insurance premium.  On average, homeowners in North Carolina saw a rate jump of 7.5% on June 1st due to a settlement reached by the North Carolina Department of Insurance but this certainly doesn’t explain a 41% increase.  Doug Corkhill is […]

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 […]

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 […]

Homeowners Now Use This Strategy To Save Money on Home Insurance. Is It a Good Idea?

26 Mar
Father,And,Son,Save,Money,Coins,Together,At,Piggy,Bank

According to a new Market Watch article, homeowners who are struggling with the cost of higher homeowner insurance premiums are making the move to policies with higher deductibles to help lower their costs. While this strategy may work for some, it is not the best idea for everyone.  Data from the Intercontinental Exchange (ICE) showed […]

2025 List of States Where Finding Home Insurance Is Most Difficult and Why

11 Mar
Happy,Family,With,Two,Kids,Playing,Into,New,Home.,Father,

Homeowners insurance is a necessity if you own a home, particularly if you are currently carrying a mortgage. Mortgage lenders require homeowners insurance to protect their investment in your home by always carrying homeowners insurance.  If your insurance is cancelled or you are non-renewed it can be a huge problem. As wildfires and major windstorms […]

2025 – Study Shows Home Insurance Market Stabilizing

11 Dec
Reading,,Happy,And,Black,Family,With,Story,On,Sofa,For

According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]