Percentage Of Americans Without Homeowners Insurance More Than Doubles In Five Years The Insurance Information Institute recently conducted a study which revealed that the percentage of Americans without homeowner’s insurance has more than doubled since 2019. Currently, 12% of American homeowners have opted to go without insurance, compared to only 5% in 2019. Rising premiums […]
Tag: homeowners
Multiple homeowners claim NC builder took bank draws, cash and left their homes unfinished
LINCOLN COUNTY, N.C. (QUEEN CITY NEWS) – The only thing I could hear on Furnace Road Extension this April morning was the wind whipping the house wrap outside of Lisandra Flores’ unfinished home. The birds were soaking up the warmth of the morning sun and the wind helped clear the dew that had settled overnight. […]
Padre Island homeowners seek urgent repairs to canals damaged in tropical storm
Damaged canals, bulkhead failures and sinkholes that happened on North Padre Island during Tropical Storm Alberto have left homeowners seeking immediate action to repair the properties. A photo showing washout and erosion that happened beneath Dave and Kim Edgecomb’s house on Cutlass Avenue on North Padre Island during Tropical Storm Alberto. The damage is to […]
State Farm seeks major rate hikes for California homeowners and renters
State Farm General is seeking to dramatically increase residential insurance rates for millions of Californians, a move that would deepen the state’s ongoing crisis over housing coverage. In two filings with the state’s Department of Insurance on Thursday signaling financial trouble for the insurance giant, State Farm disclosed it is seeking a 30% rate increase […]
In Cook, businesses and homeowners confront the deluge
Theresa Drift (left) talks to Minnesota Gov. Tim Walz about the flood damage sustained at her home in Cook from Tuesday’s rain. Drift’s basement took on about eight feet of water. Photo by Jerry Burnes/Iron Range Today. Reprinted with permission from Iron Range Today. COOK — At the Comet Theater, Ryan Horner walked to the back […]
As homeowner’s insurance prices climb, more Americans ask: Is it worth it?
It was 2019 when Anjali Tierra decided that homeowners insurance wasn’t worth the price. The retired high school teacher, 58, took out a policy in late 2018 after purchasing a three-bedroom home nestled in the Tehachapi Mountains of southern California. She considered the insurance affordable at less than $100 a month, and the coverage brought […]
Pool company owner sentenced to 18 years in prison for defrauding Florida homeowners, AG says
The owner of a pool company accused of defrauding Florida homeowners of more than a million dollars is now serving an 18-year prison sentence. According to court records, Ricardo Duerto ran Villa Pavers and Pools. State officials said he defrauded nearly 100 homeowners in multiple counties, including Lake, Orange, Osceola and Seminole counties. Watch: ‘We’re […]
Federal bill aims to help more New Mexicans become homeowners
Jun. 12—It’s a classic ambition: the desire to own your own white-picket-fenced home — or adobe bungalow, as the case may be. But, as indelible as homeownership may be to the American Dream, federal policymakers don’t do much to help would-be buyers finance their first home, said Michael Loftin, CEO of Homewise Inc., a nonprofit […]
Florida reins in over-mighty homeowners’ groups
If you had to name the state where a Vietnam war veteran almost lost his apartment for owning the wrong kind of dog; in which a ring of thieves made off with millions of dollars of residents’ money they were obligated to look after; and where a family was threatened with legal action over decorative […]
Pingree bill would aid coastal homeowners amid increasingly frequent storms
A house on Fortune’s Rocks beach in Biddeford, Maine tilts after a series of severe coastal storms in winter 2024. The house was later torn down. (Maine Morning Star) U.S. Rep. Chellie Pingree of Maine introduced legislation this week designed to aid coastal homeowners amid increasingly frequent storms. Pingree, a Democrat representing Maine’s 1st Congressional […]
Homeowners left ‘sick’ by neighbours’ 6ft high overgrown garden
Residents of a house in Nottinghamshire say they have been left “sick” by the sight of their neighbours’ overgrown garden after years of neglect. Mandy Evans, 59, moved into the property in Newark with her friend Fredrick Western, 71, around two years ago and found the next door garden had already started to encroach into […]
Can You Guess Which State Is Ranked As The ‘Most Expensive’ For Homeowners? Here’s A Hint — It’s Not California Or New York
Purchasing a home comes with significant costs beyond just the mortgage. Property taxes stand out as a perpetual expense, varying widely depending on location. For some homeowners, this can mean an annual bill ranging from $1,000 to $9,000. Here are the 10 states with the highest median property tax bills, using data from the U.S. […]