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Illinois Homeowners Face Near-Record Insurance Rate Hike
State Farm rolls out 27% increase in July and August, prompting governor to call for legislative intercession.
|July 22, 2025
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What Is FAIR Plan Homeowners Insurance?
FAIR Plans provide insurance to homeowners who can’t get coverage in the standard insurance marketplace. But not every state has one.
|July 21, 2025
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Flood Zone X: What You Need to Know
Homes in Flood Zone X have minimal to moderate risk of flooding, according to FEMA.
|July 17, 2025
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What an HO-4 Insurance Policy Covers
An HO-4 policy covers liability and personal property for renters.
|July 16, 2025
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Phasing Out FEMA: 10 States That Could Lose the Most
The White House is taking steps to wind down FEMA’s role in disaster relief funding. States like Florida, Louisiana, and Texas are likely to feel the impact more than most.
|July 14, 2025
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3 More California Home Insurers Get Go-Ahead for Hefty Rate Hikes
Grange, Stillwater, and Wawanesa policyholders face increases ranging from 5% to 40%.
|July 10, 2025
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How Much Does Flood Insurance Cost?
Federal flood insurance costs an average of $786 annually, but it depends on your location’s risk level.
|July 8, 2025
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Airbnb Insurance: A Guide for Hosts and Guests
Airbnb’s AirCover covers both hosts and guests for liability, property damages, and cancellations.
|July 2, 2025
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What Is Actual Cash Value? Understanding Your Home Insurance Policy
Actual cash value is one way your insurance company determines how much to pay you after it processes your home insurance claim.
|July 2, 2025
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What Is Recoverable Depreciation?
Recoverable depreciation is the difference between an item or structure’s original value and its current value. To receive a payout for recoverable depreciation, you’ll need to carry replacement cost value coverage.
|July 2, 2025
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What Is a Moral Hazard in Homeowners Insurance?
Moral hazard refers to instances when a policyholder could make riskier decisions because they know they have protection from financial loss.
|July 2, 2025
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What Is an Escrow Balance, and How Is It Calculated?
Mortgage servicers use escrow accounts to cover the cost of home insurance premiums, among other things.
|July 2, 2025
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What Is a Homeowners Insurance Declaration Page?
An insurance declaration page provides you with key information about your policy, coverages, discounts, and more.
|July 2, 2025
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In Vulnerable Areas, Climate Risk Drives Home Insurance Non-Renewals, Not Just Rate Hikes
Forget unaffordable, home insurance is becoming unavailable as insurers withdraw from high-risk areas.
|July 2, 2025
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What Storage Unit Insurance Covers
Storage unit insurance covers the belongings in a storage unit. You can buy a special policy, or you may be able to use your homeowners or renters insurance to protect your property.
|July 2, 2025
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What Is Equipment Breakdown Coverage?
Equipment breakdown coverage is an optional insurance coverage that protects against sudden electrical or mechanical breakdowns of home appliances and systems.
|July 2, 2025
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Personal Property Coverage: What You Need to Know
Personal property coverage protects your belongings, whether they’re inside or outside your home.
|July 2, 2025
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What Is Loss of Use Coverage in Homeowners Insurance?
Loss of use coverage provides for you to live somewhere else in the event your home is unlivable. But there are other things you should know about this coverage.
|July 2, 2025