Insurance

Weather-related events in states like Texas, Colorado and Arizona are causing double-digit rate hikes for homeowners.

Maryland transportation authorities revealed this week the estimated cost for rebuilding the Francis Scott Key Bridge in Baltimore could be as high as $1.9 billion.

Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.

Mortgage rates remain high, as do home prices and homeowners insurance rates.

The national average cost for a gallon of gas declined as demand for fuel and oil prices dropped.

Surging home insurance premiums are the latest obstacle to homeownership for millions of Americans, who are already grappling with steep mortgage rates.

About 818,000 Census blocks are seeing populations decrease due to severe flooding.

Two more property insurance companies are pulling out of California, leaving more homeowners in the state facing loss of coverage and surging premiums as insurers flee.

Due to rising homeowners insurance cost, more and more homeowners are choosing to forgo getting insurance.

Due to inflation and rising demand, rates and housing prices are up.

Inflation accelerated more than expected in March, and an unsuspecting culprit may be to blame: auto insurance premiums, which are up 22% since last year.

This year, Americans will be looking to take advantage of an improving car buying market and to save for emergencies.

June is one of the best months for home sellers who often sell their homes for 2.3% more than in other months.

Home insurance premiums for a $300,000 property in the U.S. increased 12% in 2023, and Americans pay an average of $1,770 per year, according to a recent Insurify report.

Insurance payouts following the Baltimore bridge collapse are expected to run into the billions and could top the $1.5 billion paid out following the Costa Concordia luxury cruise liner disaster.

Florida has the highest homeowners insurance rates in the country, closely followed by Oklahoma, Mississippi and Texas.

Treasury Secretary Janet Yellen appeared to walk back comments from President Biden that American taxpayers would foot the bill for the Francis Scott Key Bridge collapse in Baltimore.

California Insurance Commissioner Ricardo Lara warned that overregulation will push insurance companies to leave the state after State Farm announced it would cut 72,000 policies.

State Farm, California's largest home insurance company, announced it is cutting 72,000 policies, saying wildfire risks have cost the company billions.

Drivers will get no relief from car insurance costs this year and will have more limited shopping options as providers stop writing new policies in some states, a recent report from the Zebra said.