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The National Association of Insurance Commissioners (NAIC) has announced a nationwide homeowners market data call, and regulators say it will be the most comprehensive collection of homeowners insurance policy data in the United States.
Insurers writing $50,000 or more in homeowners premium will be required to submit detailed information covering the 2018-2025 policy years by June 15.
Regulators are asking for policy type, premiums, claims and losses by peril, deductibles, cancellations and nonrenewals, coverage limits, replacement cost vs. actual cash value, and mitigation discounts.
The effort is meant to create a detailed look at homeowners insurance pricing and coverage across the United States at the ZIP code level. Regulators will use the data to better understand how policy terms and deductibles affect cost and access, evaluate mitigation efforts and monitor the financial strength of individual carriers.
A public report of the data will be released in early 2027.
"Our state-led data call will help equip us with even more information, tools and resources to not only speed resilience but also increase preparation before severe weather hits," said Mike Yaworsky, Florida insurance commissioner and chair of the NAIC's Homeowners Market Data Call Task Force, in a statement.
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