Latest Homeowners Headlines

All the headlines from our Homeowners Topic Page, ordered by recency.

Louisiana Homeowners Insurance Market More Competitive, LDI Says

Jun 4 2018 // The Louisiana Department of Insurance says the state’s homeowners insurance market is much more competitive these days than it was a decade ago.The LDI reported in its 2018 Agency Snapshot that in 2017, the...

Crane Collapse on Homes in Florida Injures 2

Jun 1 2018 // Authorities say at least two people were injured when a crane collapsed on two homes in a Florida neighborhood.Lauderhill Fire Rescue Capt. Jerry Gonzalez says the crane was being used to put up Florida Power & Light...

Monomoy, Rogers & Gray, Spinnaker Launch Admitted Homeowners Product in Mass.

May 30 2018 // Monomoy Insurance Group and Rogers & Gray Insurance have launched an admitted residential homeowners product in Massachusetts through a partnership with Spinnaker Insurance Company (Spinnaker), a national property and...

Ohio Homeowner Trying to Kill Weeds Burns Down Garage

May 25 2018 // Authorities say an Ohio homeowner trying to kill troublesome weeds with a torch has burned down his garage.The Springfield News-Sun reported Springfield Township firefighters in central Ohio were called to a home around 4...

North Carolina Storm Recovery Chief Accedes Frustrations Over Hurricane Matthew Recovery

May 23 2018 // North Carolina’s emergency management chief acknowledged a laborious process for homeowners seeking federal funds for repairs due to Hurricane Matthew and is looking for improvements looking to the next storm.While...

7 Questions to Consider When Selling Flood Insurance

May 21 2018 // Any agent who has used the National Flood Insurance Program (NFIP) in the past to deliver flood insurance to clients knows all too well that trying to simplify the complexities of flood insurance in the midst of program...

Insurance Department: Competition Increases in Louisiana Homeowners Market

May 15 2018 // The Louisiana Department of Insurance says the state’s homeowners insurance market is much more competitive these days than it was a decade ago.The LDI reported in its 2018 Agency Snapshot that in 2017, the...

Connecticut Lawmakers Vote to Add $12 Fee to Help Homeowners

May 11 2018 // Legislation adding a $12 annual surcharge on insurance policies of every Connecticut residential homeowner to help those homeowners with crumbling foundations is moving to the governor’s desk.The state Senate on...

Connecticut House Passes $12 Fee to Help Crumbling Foundation Homeowners

May 10 2018 // Connecticut moved closer Saturday toward adding a $12 annual surcharge on the insurance policies of every residential homeowner to financially help hundreds, if not thousands, of homeowners with crumbling foundations pay...

Hawaii Insurance Commissioner Says Homes Destroyed by Kilauea Lava are Covered

May 9 2018 // Hawaii’s insurance commissioner has made it clear that homes destroyed or damaged in the recent lava flow into a Hawaii neighborhood are covered for the damage under homeowners insurance policies.Gordon Ito, who has...

Want Flood? Let the Market Make it Happen.

May 9 2018 // I spent a day last week in a conference that was focused on some specific risks that make up a property insurance gap nationwide. The morning was focused on one of my favorite soap boxes, flood. You guessed it. It’s...

Why Agents Should Care About Underinsurance

May 8 2018 // This post is part of a series sponsored by CoreLogic.When it comes down to it, the biggest loser in a property that is underinsured is the homeowner who may not be able to rebuild their home to the way it was before a...

Lava from Hawaii Volcano Destroys Dozens of Homes

May 7 2018 // Hawaii’s Kilauea volcano has destroyed 26 homes and spewed lava hundreds of feet into the air, leaving evacuated residents unsure how long they might be displaced.Hawaii County officials said another four unspecified...

Quake Scenario: More than 1M Bay Area Homes Could Suffer Extensive Damage

May 7 2018 // More than a million San Francisco Bay Area residents would face extensive damage to their homes after a major earthquake on the Hayward fault, according to a new earthquake scenario developed by the U.S. Geological...

North Carolina Homeowners Insurers Agree to 4.8% Rate Increase

May 7 2018 // The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau to increase homeowners insurance rates statewide by an average of 4.8 percent.The agreement between the two parties...

115 Homes in Hawaii Destroyed or Damaged by Heavy Rains

May 4 2018 // Last month’s record rains destroyed or did major damage to 115 homes on Kauai and Oahu islands, the state of Hawaii said Wednesday as it sought a disaster declaration from the president.The cost of emergency work and...

Five Things Homeowners Need to Know About Finished Basements

May 3 2018 // This post is part of a series sponsored by CoreLogic.It depends on your definition of “value”. If we’re talking about market value—which is generally the price a buyer is willing to pay for a...

Insurers Offering Discounts on Tornado-Resilient Homes in Oklahoma

May 2 2018 // Dozens of insurance companies are now offering discounts to Oklahomans who have built or retrofitted their homes to certain tornado-resilient standards, the Oklahoma Insurance Department announced.A new law went into...

AAA Carolinas Launches Inland Flood Coverage for Homeowners

Apr 30 2018 // AAA Carolinas Insurance has launched new inland flooding protection for policyholders. The Inland Flood Coverage is one of three new enhancements offered by AAA Carolinas Insurance, headquartered in Charlotte, N.C. Home...

FEMA Proposes Allowing Owners to Rebuild Homes After Taxpayer Buyouts

Apr 26 2018 // The Federal Emergency Management Agency is proposing to allow owners of homes destroyed by storms and bought out by the government to rebuild on the same flood-prone land.Currently, FEMA offers to buy homes that have been...