When retirees relocate, they think life will be cheaper, easier, sunnier — only to find some big disappointments. Here’s how to minimize mistakes.
Category: Homeowners Insurance
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Losing Your Home Close to Retirement Age: What to Consider Before You Sell or Rebuild
Losing your home in a disaster when you’re at or near retirement age can derail your finances and jeopardize the funds you were counting on.
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California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.
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The California FAIR Plan Faces Crucial Insurance Test
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.
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As Hurricanes Persist, Soaring Insurance Costs Hit Commercial Real Estate
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
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What to Know About Homeowners Insurance After Hurricane Helene
If your home has been damaged, you may be at the beginning of a long process.
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Soaring Insurance Costs Could ‘End’ Affordable Housing, Developers Warn
Developers and landlords of subsidized housing, who cannot raise rents or charge more for starter homes, say property insurance increases could put them out of business.
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How High Home Insurance Costs Threaten Affordable Housing
Developers and landlords of subsidized housing, who cannot raise rents or charge more for starter homes, say property insurance increases could put them out of business.
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To Protect Against Wildfires, Insurers Try to Change Construction Standards
Property insurers are trying to force changes in construction standards that they say are necessary to protect against wildfires.
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Home Insurance Is Clobbering Consumers. Yet It’s Barely Counted as Inflation.
Skyrocketing premiums are hitting homeowners hard, but they barely factor into common price measures.
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Insurers Report Rising Hail Damage Claims
Inflation is driving up the cost of materials and labor to repair roofs and cars. Adding to insurers’ costs is increased development in areas affected by severe storms.
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National Plan to Look Into Homeowners Insurers Hits a Hurdle
Roughly two weeks after state regulators said they were collecting details on insurers’ homeowners businesses, key states may opt out, undermining the effort.