Roughly 13% of homeowners in the top state are uninsured.
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Roughly 13% of homeowners in the top state are uninsured.
The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.
More than 7 million homes in the US are already exposed to fire risk, a figure seen climbing to nearly 13 million over the next 30 years, according to a 2022 study.
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There was an increase in cases involving business liability, business interruptions and non-hurricane homeowners policies, according to LexisNexis company, Lex Machina
Western utilities and beyond are finding it prohibitively expensive, if not impossible, to insure against potential fire-related claims. The issue will become more pressing as climate change makes droughts more intense and frequent, heightening the chances of more destructive infernos.
California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the U.S.
Over three-fourths, 76%, of consumers have reviewed their insurance policies in the past six months or plan to do so by the end of the year, according to Nationwide’s 2024 Economic Impact research.
The home inventory data management platform has added features plus enhanced AI capability to detect items and compile information automatically.