Homeowners Insurance Knowledge

Insurify's insurance experts guide you through the basics of home insurance insurance.

Phasing Out FEMA: 10 States That Could Lose the Most

Phasing Out FEMA: 10 States That Could Lose the Most

The White House is taking steps to wind down FEMA’s role in disaster relief funding. States like Florida, Louisiana, and Texas are likely to feel the impact more than most.
By Matt Brannon|July 14, 2025
3 More California Home Insurers Get Go-Ahead for Hefty Rate Hikes

3 More California Home Insurers Get Go-Ahead for Hefty Rate Hikes

Grange, Stillwater, and Wawanesa policyholders face increases ranging from 5% to 40%.
By Evelyn Pimplaskar|July 10, 2025
How Much Does Flood Insurance Cost?

How Much Does Flood Insurance Cost?

Federal flood insurance costs an average of $786 annually, but it depends on your location’s risk level.
By Cassie Sheets|July 8, 2025
What Is an Escrow Balance, and How Is It Calculated?

What Is an Escrow Balance, and How Is It Calculated?

Mortgage servicers use escrow accounts to cover the cost of home insurance premiums, among other things.
By Sarah Archambault|July 2, 2025
Airbnb Insurance: A Guide for Hosts and Guests

Airbnb Insurance: A Guide for Hosts and Guests

Airbnb’s AirCover covers both hosts and guests for liability, property damages, and cancellations.
By Danny Smith|July 2, 2025
What Is Actual Cash Value? Understanding Your Home Insurance Policy

What Is Actual Cash Value? Understanding Your Home Insurance Policy

Actual cash value is one way your insurance company determines how much to pay you after it processes your home insurance claim.
By Kim Porter|July 2, 2025
What Is Recoverable Depreciation?

What Is Recoverable Depreciation?

Recoverable depreciation is the difference between an item or structure’s original value and its current value. To receive a payout for recoverable depreciation, you’ll need to carry replacement cost value coverage.
By Kim Porter|July 2, 2025
What Is a Moral Hazard in Homeowners Insurance?

What Is a Moral Hazard in Homeowners Insurance?

Moral hazard refers to instances when a policyholder could make riskier decisions because they know they have protection from financial loss.
By Angela Brown|July 2, 2025
What Is a Homeowners Insurance Declaration Page?

What Is a Homeowners Insurance Declaration Page?

An insurance declaration page provides you with key information about your policy, coverages, discounts, and more.
By Christy Rakoczy|July 2, 2025
What Is Equipment Breakdown Coverage?

What Is Equipment Breakdown Coverage?

Equipment breakdown coverage is an optional insurance coverage that protects against sudden electrical or mechanical breakdowns of home appliances and systems.
By Michelle Lambright Black|July 2, 2025
What Storage Unit Insurance Covers

What Storage Unit Insurance Covers

Storage unit insurance covers the belongings in a storage unit. You can buy a special policy, or you may be able to use your homeowners or renters insurance to protect your property.
By Alani Asis|July 2, 2025
What Is Loss of Use Coverage in Homeowners Insurance?

What Is Loss of Use Coverage in Homeowners Insurance?

Loss of use coverage provides for you to live somewhere else in the event your home is unlivable. But there are other things you should know about this coverage.
By Catherine Collins|July 2, 2025
In Vulnerable Areas, Climate Risk Drives Home Insurance Non-Renewals, Not Just Rate Hikes

In Vulnerable Areas, Climate Risk Drives Home Insurance Non-Renewals, Not Just Rate Hikes

Forget unaffordable, home insurance is becoming unavailable as insurers withdraw from high-risk areas.
By Julia Taliesin|July 2, 2025
Personal Property Coverage: What You Need to Know

Personal Property Coverage: What You Need to Know

Personal property coverage protects your belongings, whether they’re inside or outside your home.
By Michelle Lambright Black|July 2, 2025
Insurance Reform in Louisiana Sparks Controversy, Expands Oversight

Insurance Reform in Louisiana Sparks Controversy, Expands Oversight

Insurance commissioner opposes new legislation that allows him to block rate increases and require more transparency from home and auto insurers.
By Katie Powers|June 30, 2025
CA Judge Rules State Insurer of Last Resort Can’t Deny Smoke Damage Claims

CA Judge Rules State Insurer of Last Resort Can’t Deny Smoke Damage Claims

California’s wildfires could cost the state’s FAIR Plan far more than originally expected.
By Chris Schafer|June 30, 2025
Survey: 91% of Gen Z Has Homebuying Doubts. Most Young Homeowners Underestimated the Costs

Survey: 91% of Gen Z Has Homebuying Doubts. Most Young Homeowners Underestimated the Costs

Gen Z’s dreams of homeownership are still alive, but many worry they’ll end up with buyer’s remorse after pulling the trigger. Of those who bought a home, nearly 90% were surprised by the cost of expenses like home insurance and property taxes.
By Matt Brannon|June 26, 2025
String of Cyberattacks Against Insurance Industry Could Disrupt Home and Auto Policyholders

String of Cyberattacks Against Insurance Industry Could Disrupt Home and Auto Policyholders

Customers could face delayed claims filing and communication blackouts as a notorious hacker group targets U.S. insurance companies.
By Cassie Sheets|June 18, 2025