Similar Stories to Citizens Considers Hiking Homeowners Insurance Rates About 8 Percent on Bing News

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

BING NEWS:
  • Home insurance rates are skyrocketing: here's how high they'll go
    Three in 10 American homeowners are nervous about rising home insurance rates and it's easy to see why. A new report predicts premiums will continue to increase through 2024 after spiking nearly 20% ...
    06/17/2024 - 5:44 am | View Link
  • Causey opposes hiking homeowners’ insurance rates; case heads for court
    N.C. Insurance Commissioner Mike Causey said that an average rate hike of more than 42 percent in homeowners’ insurance coverage in the state, as requested via the insurance industry, prompted the ...
    06/16/2024 - 1:00 pm | View Link
  • Soaring insurance rates send more people shopping for deals
    Home and auto insurance premiums have been rising at double-digit rates. That's prompting even the most loyal insurance customers to shop around for better deals.
    06/15/2024 - 12:20 am | View Link
  • Homeowners insurance costs are going through the roof. Here's why, and what you can do about it.
    Florida resident Sam Weitzner and his wife, have been similarly socked since buying their Orlando home in Orlando in 2017. Their homeowners coverage has surged from $1,500 to nearly $6,000 a year, ...
    06/12/2024 - 3:00 am | View Link
  • Panel explores climate change impact on obtaining homeowners insurance
    Obtaining homeowners insurance used to be relatively easy, but as climate risk increases with more severe weather disasters, insurance providers are raising their premium rates or withdrawing from ...
    06/12/2024 - 12:12 am | View Link
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