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The Insurance Information Institute recently conducted a study which revealed that the percentage of Americans without homeowner's insurance has more than doubled since 2019. Currently, 12% of ...
When a home insurance policy with a $300K dwelling limit already costs nearly $2,200 per year on average, it can be tempting to choose lower coverage limits to save money upfront. But, when you ...
According to an analysis of new census data, 24.6% of homeowners in Miami-Dade County don’t have meaningful homeowners insurance. In Florida, the figure is 18.3%, and nationwide it’s 13.4%.
The Home Insurance Building was a skyscraper that stood in Chicago from 1885 to its demolition in 1931. Originally ten stories and 138 ft (42.1 m) tall, it was designed by William Le Baron Jenney in 1884 and completed the next year.
In addition to standard home insurance, some 8 million households in the UK are categorized as being a "non-standard" risk. These households require a specialist or non-standard insurer that would cover home insurance needs for people that have criminal convictions and/or where the property suffers subsidence or has previously been underpinned.
Lexington Insurance Company announced that they will discontinue home insurance, sending another 8,000 property owners to search for a new insurer. Lexington specialized in homes worth $1+ million and Citizens will only insure property values less than $700,000, so Citizens was not an option. [29]
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