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Building-based geocoding offers the precision needed to close the $43B value-at-risk gap insurers face using outdated technologies.
While it might be convenient to peg home insurance premiums to property values, there are many factors that can impact the price of coverage.
Among the cities with the largest numeric population gains between 2017 and 2018, 90% are in the South and West.
Unsurprisingly, a few catastrophe-prone areas are on the list.
These trends to watch in 2020 will paint a new picture of home insurance in the next decade.
Traditional marketing methods are still effective — and sometimes even more effective — than popular digital marketing strategies.
These communities may have well-funded schools and government services, but homes and businesses there can be pricey to insure.
Coverage Q&A: Additional living expenses (ALE) apply when an insured loss makes the premises uninhabitable.
Across the country, most rates range from less than $1,000 to around $1,500.
Coverage Q&A: Many claims result in a mess. The details of that mess dictate which (if any) insurance policies will cover the clean up.
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