Matic, Columbus, Ohio, released its latest report on the state of the home insurance industry, finding that factors such as climate change, availability and costs continue to weigh heavily.
Tag: Home Insurance

Mphasis: Prospective Home Buyers Worry About Costs, Insurance
Mphasis Digital Risk, Maitland Fla., conducted a study finding that prospective home buyers say home insurance affordability is a major factor in where they decide to move.

Two-Thirds of Homes Underinsured, Matic Reports
Matic, Columbus, Ohio, released its mid-year premium trends report, finding that approximately two-thirds of homes are underinsured, largely due to insurance policies that fail to reflect construction costs or home improvements.

MBA’s Michael Fratantoni Provides Market Outlook, Notes ‘It’s Not 2008’
WASHINGTON–The industry has plentiful challenges, but is in a very different spot than during the Great Recession, said Michael Fratantoni, Mortgage Bankers Association Chief Economist and Senior Vice President of Research and Industry Technology, here at the National Advocacy Conference.

Guaranteed Rate: Home Insurance Prices Up 19% in 2023
Guaranteed Rate Insurance, Chicago, released a proprietary homeowners insurance study, finding home insurance prices increased 19% from first-half 2022 to first-half 2023 and 55% since 2019.