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Different States, Same Problem: A Home Insurance Crisis | Insurify

The U.S. has more than 95,000 miles of shoreline — and every inch of it is at risk of climate-change-driven storm damage, flooding, and erosion. California and Florida — two of the largest, most populous, and economically robust states — account for 3.5% and 8.8% of the

Liberty Mutual Looking to Cut Car Insurance Rates by 10% in New Mexico | Insurify

New Mexico drivers have seen rapidly increasing car insurance premiums in recent years, but relief may be on the way for at least some motorists in the Land of Enchantment. Liberty Mutual, the sixth-largest U.S. auto insurer by market share, plans to lower its car insurance rates by

‘Our Pay Has Not Kept Pace’: Rideshare Driver Discontent Grows With Rising Insurance and Maintenance Costs | Insurify

Rideshare drivers face some of the highest expenses among gig workers, and their costs are only increasing. Full-coverage car insurance rates skyrocketed by 24% in 2023 and are on track for a 7% increase this year. Car maintenance and repair costs surged by 36.2% between January 2019 and

8 Insurers Get Greenlight to Enter Florida Home Insurance Market | Insurify

Increasingly expensive claims and litigation drove multiple insurers from Florida, but property owners now have a few more options. Eight property and casualty insurers received approval to enter the Florida market in April, the Florida Office of Insurance Regulation (OIR) shared in a news release. The insurers are Ovation Home

Can’t Cover Your Home Insurance Deductible? New Disaster Insurance Could Help | Insurify

A new kind of disaster insurance is emerging to help homeowners stay afloat financially until their home insurance claim comes through following a disaster. Financial well-being is declining, and more than half of American homeowners don’t have close to enough savings to cover high insurance deductibles. Insurers are

Car Models With the Most Speeding Tickets (2026) | Insurify

Speeding is a prevalent issue on American roads. Approximately 33 people died per day in speeding-related car accidents in 2022, according to the National Highway Traffic Safety Administration (NHTSA).[1] Drivers who speed don’t just put lives, including their own, at risk. They also face 16% higher full-

Maryland: Auto Insurers Must Pay Diminished-Value Claims in Hit-and-Run Accidents | Insurify

Maryland drivers who get into accidents with uninsured drivers, or whose vehicles are damaged in a hit-and-run accident, can now recoup their repaired vehicle’s loss in value from their own insurance companies. In April, the Maryland Insurance Administration notified insurers they must pay diminished-value claims through