Business

Why home insurance markets are in crisis around the country

By Breanne Deppisch
Published October 9, 2023 10:00am ET
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Why home insurance markets are in crisis around the country
The U.S. home insurance market is careening toward disaster as policy premiums soar and private insurers exit high-risk states, threatening to affect millions of homeowners nationwide. In the last 12 months, major insurance providers in California and Florida have either exited the states completely or announced plans to pare down their coverage drastically, citing exposed […]

The U.S. home insurance market is careening toward disaster as policy premiums soar and private insurers exit high-risk states, threatening to affect millions of homeowners nationwide.

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