News
A new program aims to help protect homes from wildfires and keep insurance
3+ hour, 24+ min ago (1047+ words) For some Wyomingites, getting home insurance has become harder due to the increasing risk that their home will burn in a wildfire. A new designation aims to address that by certifying that a homeowner has taken steps to "harden" their…...
As homeowners premiums rise, a study points to an overlooked factor: credit scores
1+ mon, 4+ week ago (313+ words) Reading Time: 2 minutes, 12 seconds It's not news that homeowners insurance is getting more expensive, but new research finds that there's an underappreciated factor at play: credit scores. Growing, climate change-fueled disaster risk. Increasing rebuilding and reinsurance costs. These are some…...
For Mountain West homeowners, insurance is taking a bigger bite of the budget
2+ mon, 2+ week ago (813+ words) In a nondescript office building on the outskirts of Denver, insurance agents sit in cubicles, talking into headsets. They are fielding calls from homeowners searching for coverage that won't break the bank. "It's just completely unaffordable," said Morgan Lloyd, an…...
Wildfire coverage can be carved out of homeowners insurance
3+ mon, 1+ week ago (299+ words) Nevada has become the first state to allow insurance companies to issue policies that exclude wildfire coverage. The experiment, which could become a national model, aims to tamp down skyrocketing costs. But critics worry it could hurt homeowners. The new…...