Homeowners Insurance Costs Dynamics, Trends and 2024 Forecast
The rise in U.S. homeowners insurance costs have been driven by a combination of increasing natural catastrophe losses and extraordinary inflation
Home Insurance Policy
“Home Insurance Policy” provides reviews and information about various home insurance options. This category helps homeowners understand the coverage available for their properties, including protection against damage from fire, theft, natural disasters, and other risks. It evaluates different policies based on their benefits, coverage limits, exclusions, and costs.
The reviews compare insurers and their offerings to aid consumers in selecting the most suitable policy for their needs. The content also includes expert insights on policy terms, claims processes, and customer service. Overall, this category aims to equip homeowners with the knowledge to make informed decisions about protecting their homes and assets.
U.S. Homeowners Insurance Claims for Lightning Losses
$1.2 bn in lightning-related homeowners insurance claims were paid to more than 70,000 policyholders in the U.S., with $194 mn attributed to Texas alone
Home Insurance in Florida: Lower Rate and Risk Crisis in 2024
Home insurance premiums in Florida rose at a much lower rate than originally projected in 2023 (80% less) and 2024 (60% less)
Renters Insurance Cost & Coverage. How to Save Money?
Beinsure presents a guide to renters insurance, analyzing insurance coverage and costs per month / year in the U.S.
Lightning-Caused U.S. Homeowners Insurance: Claims & Losses
$950 mn in lightning-caused U.S. homeowners insurance claims were paid out to 62,000-plus policyholders, with $125 mn of the total
Home Insurance Can Make Homeowners Resilient to Weather & Hurricane Loss
Homeowners Perception of Weather Risks report provides insights into trends, behavior and how experiencing a weather event impacts
U.S. Homeowners Insurance Results: Premium Growth & Underwriting Loss
U.S. homeowners’ insurance is poised to post a statutory underwriting loss for reported results, as insurers continue to face above-average catastrophe losses
How Homeowners Insurance Policy Can Protect Your Home? Cost & Coverage
Your standard homeowners insurance policy protects not only your home itself, but also items in your home like your clothes and furniture from common perils.
How to Save Money on Home Insurance and Reduce Insurance Policy Cost?
When the worst happens, you want to know you’ve got one of the best, most reliable insurance companies around covering your home
ILS market remains a significant capital source for reinsurers in 2024. Alternative capital estemated at $110 bn, with the catastrophe bond market growing to $45 bn
In 2024, global reinsurer capital, including both alternative and traditional sources, has reached peak levels. Reinsurer capital stood at $695 bn as of mid-2024, marking a $25 bn increase
While the reinsurance industry faces challenges, such as geopolitical and economic uncertainty, its biggest threat is losing relevance. 2024 has been another year of volatility
Higher property values, urbanization, and increased repair costs are likely to drive demand for property re/insurance, particularly in regions facing heightened natural catastrophe