Home insurance premiums rising faster than inflation

If your home insurance policy is up for renewal, prepare to be shocked. That’s because rates are rising rapidly in many parts of the country due to what insurers say is increased risk from climate change. While homeowners’ insurance premiums are up by 4% on average, they have in fact increased by 11.4% since 2017,

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Experts warn of busy hurricane season

Hurricane Laura was officially recorded as one of the most powerful storms to ever hit the U.S. when it slammed into the Louisiana and Texas coastlines Thursday. But weather forecasters says that Laura could be the first of several storms to torment the U.S. this year. “Homeowners, mortgage lenders, and insurers need to work together

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