U.S. homeowners are facing nearly 90 % higher property-insurance bills since 2014, driven by soaring home values, inflation ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Scott Olson / Getty Image Insurers ...

A $400,000 house costs an average of $3,216 to insure per year, but your cost will vary based on a few factors.

The storm blew into Cozad, Neb., in the wee hours of Saturday, June 29, 2024. The wind felt like a hurricane. The hail was the size of softballs. "I was in the window, I was crying," remembers Soledad ...

Homeowners insurance rates are rising across the U.S., driven by climate change, rising cost of building materials and surging home prices. Almost half of property insurance policy holders in the U.S.

With an average annual premium of $6,274, Louisiana homeowners have the highest true cost of home insurance at 10.78 percent of household income. Based on a median annual income of $77,719, the ...

Affording a home is one thing. Affording to keep it running is another. The average homeowner spends $21,084 per year on non-mortgage expenses, including insurance, property taxes, and other costs, ...

When Tom Bhramayana built his house in Denham Springs, La., just five years ago, his annual home insurance premium was $1,575. Today, it’s $5,000—and rising. “It’s a new house,” he says. “The roof’s ...

Indiana homeowners benefit from some of the lowest homeowners insurance premiums in the nation. While premiums are rising across climate-vulnerable states such as Florida, Louisiana, and California, ...

Getting your Trinity Audio player ready... Even as devastating wildfires drive up home insurance costs across California, premiums overall remain relatively low compared to many other states, a new UC ...