House Insurance News
The U.S. has endured a barrage of natural disasters lately, from hurricanes to floods to wildfires. All of these events have had a profound impact on the home insurance business, changing the landscape of the industry forever. House insurance companies have suffered hemorrhagic losses from the deluge of claims, and they continue to scramble to find ways to offset the losses. Recently, more and more home insurers have canceled coverage of certain events in areas especially susceptible to catastrophic losses. Similarly, other insurers have stopped offering coverage completely in some coastal areas because of the risk of hurricanes and flooding.
For house insurance shoppers, these kinds of developments are especially critical to know, as they will directly affect the types of coverage consumers can purchase from different insurers. For this reason, we have created a house insurance news section on our site dedicated to apprising consumers of current events in the home insurance industry. We constantly monitor the pulse of the industry to ensure that we are able to disseminate the most up-to-date and relevant news to our visitors in the most efficient manner possible.