US EditionExperts raise red flags after uncovering troubling pattern in home insurance policies: 'Too risky to continue to cover'
2 Articles
2 Articles
Experts raise red flags after uncovering troubling pattern in home insurance policies: 'Too risky to continue to cover'
Home insurance rates in Indiana are climbing, and more residents are losing coverage as insurers cancel or refuse to renew policies in areas flagged as high risk. What's happening? According to the Indiana Capital Chronicle, a recent report from the Fair Housing Center of Central Indiana revealed a troubling pattern. Rising home insurance costs are squeezing budgets, while cancellations and nonrenewals are leaving homeowners vulnerable. From 202…
Several industry experts warn that California home insurance is in crisis, and insurance prices may continue to rise in the next 10 to 20 years. This is undoubtedly a double whammy for homeowners whose premiums have already soared or who have difficulty buying insurance. Since 2023, people living in California have more or less felt the changes in the local insurance industry: insurance companies have withdrawn from California or limited the num…
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