Rising insurance costs are making homeownership even more expensive

Mar 21, 2024
Climate risk and inflation are making insurance harder to find and mortgages harder to afford.
The main reason for higher home insurance costs is climate change, which is increasing the frequency and severity of extreme weather events.
Ricardo Arduengo/AFP via Getty Images

A worldwide earthquake drill may spur more homeowners to buy insurance

Oct 18, 2018
Do not be alarmed if, a bit later on Thursday, you turn to see a bunch of co-workers peering out from under their desks. It’s not an alien invasion or a spontaneous game of hide-and-seek. Nearly 60 million people around the world are signed up to participate in a earthquake drill, the 2018 Great ShakeOut, […]

A worldwide earthquake drill may spur more homeowners to buy insurance

Oct 18, 2018
Do not be alarmed if, a bit later on Thursday, you turn to see a bunch of co-workers peering out from under their desks. It’s not an alien invasion or a spontaneous game of hide-and-seek. Nearly 60 million people around the world are signed up to participate in a earthquake drill, the 2018 Great ShakeOut, […]
Jack Wheeler and his wife, Tami Wheeler, watch as a FEMA housing inspector measures their flooded home in 2008 in Oakville, Iowa.
Joe Raedle/Getty Images

Their homes escaped flooding, but the fear lingers

Sep 1, 2017
"Everyone becomes on edge when you hear any type of heavy rainfall," a Louisiana homeowner says.
A flooded street in Cypress, Texas, northwest of Houston.
Courtesy of Marcy Matyas

Despite wildfires, more homes built in forests

Jul 2, 2013
Why more and more homes are going up in the country’s most fire-prone areas.

More areas becoming uninsurable due to volatile weather

Jun 25, 2013
A new report predicts rising sea levels and more volatile weather will make more beachfront areas uninsurable.
Heavy beach erosion caused by the waves threatens condominiums on Singer Island, Florida.
Joe Raedle/Getty Images

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The overlooked benefits of renters insurance

Nov 1, 2012
Insurance claims from Sandy will reach an estimated $15 billion. But many people will have to cover damage to their household possessions because they don't have renters insurance.
A Hoboken resident clears water from a ground floor apartment on Fifth Street on October 31, 2012 in Hoboken, New Jersey.
Jeff Zelevansky/Getty Images

Advocates say insurance costs strain homeowners

Oct 9, 2012
Gulf Coast insurance premiums have skyrocketed in recent years, and homeowners advocates say they're seeing people at risk of going into foreclosure because they can't afford their mortgage plus their insurance.

Insured see climbing rates, as coverage declines

Sep 7, 2012
Consumer advocates say there's a trend in the home insurance industry to lower coverage in order to keep rates from increasing too much.