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Where do you start when trying to figure out the proper homeowners policy for an insured? With the basics.
The U.S. home insurance premium is 35% higher today, on average, than it was two years ago, according to Policygenius.
Technologies such as machine learning and visual intelligence are transforming the insurance experience.
The average year-over-year hike was 13.6%, and was worse in some places.
In addition, SafePoint Insurance and an affiliate are taking on nearly 20K policies from Louisiana Citizens Insurance.
The Census Bureau says developers need nearly six weeks longer to build a single-family house than the average completion time in 2021.
Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.
Customers expect insurers to share information that illuminates the hidden dangers of their daily routines and to give guidance on minimizing the likelihood of adverse outcomes.
State Farm is expected to maintain its leading market share in California even without writing new business, according to Fitch Ratings.
Growing construction costs, increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.