For many Americans, getting insurance for their cars and homes has gone from routine to an ordeal.
Auto insurance rates in December jumped 20% over the same period. And premiums are expected to continue to rise in 2024.
Nine out of 10 high-net-worth individuals are worried about the size of the potential personal liability lawsuit verdict.
The U.S. experienced 25 separate billion-dollar weather disasters in 2023 — the largest number since records began.
As California’s unofficial wildfire season ends, experts are hopeful things will remain mild for the remainder of 2023.
Many American homeowners are gambling that they won’t experience a disaster and forgoing purchasing home insurance due to rising costs.
Homeowners face higher deductibles, new coverage limits, and double-digit premium hikes as insurers try to get profitable by charging more for less.
Insurance companies are pulling back on homeowners’ policies nationwide due to fears of natural disasters and soaring rebuilding costs.
Single-family homes with living spaces atop garages are particularly vulnerable to collapse in an earthquake, with many needing retrofitting.