For the second year in a row, Citizens Property Insurance Corp. is asking state regulators to approve hefty rate hikes because of an abundance of non-weather claims that end up in court. If approved, the average rates for homeowners covered by Citizens will rise 7.9 percent just under the
Citizens Considers Hiking Homeowners Insurance Rates About 8 Percent
Business, Tampa Tribune: Business
Wed, 06/20/2018 - 3:19am
BING NEWS:
- Homeowners insurance company asked for 93% rate hike in N.J. See the increases companies are seeking.
Now, it’s homeowners insurance. At least one company asked state regulators for permission to raise rates by 93.4%, according to data obtained from the New Jersey Department of Banking and Insurance ...
05/1/2024 - 2:30 am | View Link - Insurance rates stabilizing thanks to legal reforms, officials say. But homeowners still feeling pain.
Several top Florida insurance regulators say that legal reforms enacted in 2022 and 2023 have Florida’s insurance market poised for a comeback. Homeowners, however, say they’re still ...
04/26/2024 - 11:24 am | View Link - Texas has some of the highest homeowners insurance rates in the country; here's why
The average annual cost of home insurance in Texas last year was $3,875 — which is 113 percent more than the national average of $1,820.
04/26/2024 - 10:28 am | View Link - Homeowners choose minimal insurance due to rising rates. How risky is it?
In an economic climate where a staggering 20 percent of aspiring homeowners doubt their ability to ever afford a home, those who have navigated the complex path to homeownership are now facing a new ...
04/24/2024 - 5:19 am | View Link - More
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