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New Mexico’s Last-Resort Home Insurer May Get $50M to Expand, Raise Coverage Limits
Learn more about plans to expand the New Mexico FAIR Plan to make home insurance more affordable and accessible.
2 min. read|December 19, 2024
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Latest Home Insurance News
Latest home insurance news, insights, and trends.
December 12, 2024
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Florida’s Insurer of Last Resort Leaving Hurricane Victims High and Dry
Citizens Property Insurance is experiencing a tumultuous year, and the pressures aren’t ending soon. The insurer has received nearly 458,000 claims, valuing over $5.3 billion, for hurricanes Debby, Helene, and Milton.
2 min. read|December 11, 2024
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Another Insurer Hiking Homeowners Rates in California
California regulators approved a request by MAPFRE Insurance Company, a relatively small insurer in the state, to increase home insurance rates by 6.5%.
1 min. read|December 10, 2024
ASI Policyholders Face Steep 30% Homeowners Rate Increase in 2025
California homeowners with ASI Select insurance policies could see their premiums jump by 30% when their policies come up for renewal in 2025.
2 min. read|December 9, 2024
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Amica OK to Hike Home Insurance Rates by 21% in California
California homeowners, renters, and condo owners with property insurance through Amica could soon see their premiums rise again. On Dec. 2, the state’s department of insurance approved Amica’s request to raise rates for nearly 40,000 policyholders.
2 min. read|December 9, 2024
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Louisiana Insurance Commissioner Pushes to Expand ‘Fortify Homes Program’ After Recent Successes
The grants have already helped upgrade 1,500 roofs a year, but the Louisiana insurance commissioner is aiming for more.
3 min. read|December 5, 2024
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11% of Texas Communities Pass on Federal Flood Insurance Protection
135 Texas communities, all in identified flood hazard areas, don’t participate in the National Flood Insurance Program (NFIP). Property owners in these communities can’t buy federally backed flood insurance and won’t receive federal aid in the event of a flood disaster.
3 min. read|December 2, 2024
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In the Face of Flood Threats, Most Louisiana Communities Opt for Federal Flood Insurance
Floods are a continual threat in Louisiana, and most communities there have the option for NFIP insurance. Here’s what that could mean for you.
3 min. read|December 2, 2024
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Nearly 200 Michigan Communities Can’t Get Flood Insurance — By Choice
Floods can happen anywhere, and not all Michiganders can access national flood protection. Here’s what that could mean for you.
4 min. read|November 25, 2024
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Nearly 200 Missouri Communities Opt Out of Federal Flood Insurance. Are Homeowners Protected?
Almost 200 communities in Missouri don’t participate in federal flood insurance. Learn more about options and risks of non-participation.
3 min. read|November 25, 2024
USAA Home Insurance Rates Climbing for 265,000 California Homeowners
Home insurance rates are about to increase dramatically for hundreds of thousands of California policyholders. State insurance regulators recently approved rate increases for two of USAA’s largest subsidiaries.
2 min. read|November 19, 2024