In 2024, 6.1 million American homeowners skipped home insurance, according to the Consumer Federation of America. Without coverage, they risk paying tens of thousands of dollars out of pocket for ...
Home insurance is a contractual agreement between you and your insurance provider. In exchange for monthly or yearly payments, called premiums, the company provides financial protection for your home ...
LOS ANGELES (KABC) -- Twelve-thousand homes, businesses and more were destroyed by the SoCal wildfires. Entire communities are now in ruins. Most people say they want to rebuild. They might have ...
Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Last year, there were a total of 27 weather and climate disasters in the United States with losses of more than $1 billion each, according to NOAA National Centers for Environmental Information (NCEI) ...
Tornadoes are a natural disaster that often cause significant destruction. Wind and hail are the leading causes of losses in home insurance claims, according to the Insurance Information Institute.
These 3 things aren't covered by Florida homeowners' insurance: What to know before hurricane season
Florida's homeowners insurance market is stabilizing after a crisis, though obtaining insurance during hurricane season remains challenging. Homeowners insurance typically excludes flood, earthquake, ...
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