Browsing: insurance premiums

Property and casualty insurers saw significant growth in direct home insurance premiums in 2024, with a 13.7% increase from the previous year, according to data from the National Association of Insurance Commissioners.

Tariffs on construction materials could push the average homeowner’s annual insurance premium up to $3,626 by the end of the year, Insurify projects

New report by Insurify suggests tariffs imposed by the Trump administration could lead to a significant increase in property insurance premiums

Homeowners insurance premiums have risen dramatically across the US, with a 24% increase between 2021 and 2024, outpacing inflation. The surge varies by state, with Utah experiencing a 59% spike.

Understanding the tax deductibility of homeowners insurance and other home-related expenses

A new study reveals that Connecticut homeowners may see their insurance premiums rise by $80 due to tariffs on building materials, amid a national average increase of $106.

Department of Veterans Affairs announces reduction in life insurance premiums for VGLI, SGLI, and FSGLI programs starting spring 2025

Concerns over larger vehicles and their impact on insurance costs

New report reveals Utah homeowners face steepest increase in insurance costs

New and proposed tariffs on car parts and vehicles are increasing the cost of car ownership, affecting not just new car buyers but also current owners through higher maintenance, repair costs, and subsequently, auto insurance rates.