Browsing: insurance premiums

The property insurance market has stabilized after years of volatility, but natural disasters and inflation continue to pose significant challenges. Experts emphasize the need for proactive, data-driven risk management strategies.

Florida homeowners face some of the highest home insurance premiums in the country, second only to Nebraska, with average annual costs of $5,400.

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