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What property owners need to know about home insurance in wildfire-prone areas
2+ week, 5+ day ago (145+ words) Thousands have returned home when wildfire evacuation orders were downgraded to evacuation alerts earlier this month. But while some found their properties intact, others were not so lucky. Kelowna-based insurance broker, Josh Pillsbury, answers questions about what residents in wildfire-prone…...
Report finds increase in homeowner's insurance costs as Idaho wildfire risk grows
2+ week, 6+ day ago (422+ words) The Caldwell City Council unanimously approved a nearly $200… Before the professional rodeo begins each night, young compe… A smoke column billows over rangeland near South Mountain in Idaho. A recent study of homeowner insurance shows wildfire risks are rising across…...
Insurance questions remain as New Forest wildfire contained after two weeks
2+ week, 6+ day ago (567+ words) Firefighters are due to leave the New Forest later today, two weeks after a blazing van sparked a wildfire that went on to destroy more than one square kilometre, or 247 acres, of the national park. The A31 dual carriageway between Southampton…...
Report: As Idaho wildfire risk grows, homeowner’s insurance...
3+ week, 1+ day ago (389+ words) A recent study of homeowner insurance shows wildfire risks are rising across the country. The national review placed Idaho in the top 10 states facing greater insurance cost because of wildfire, citing a precipitous increase in insurance rates in recent years....
Insurers are pricing wildfire risk by the neighborhood, not the house
3+ week, 3+ day ago (315+ words) Wildfire risk pricing runs into a problem that hail and hurricane coverage never posed: the house next door matters nearly as much as the house itself. Vigus was careful to separate what's realistic for an individual homeowner from what requires…...
Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, roofer and more
3+ week, 3+ day ago (388+ words) RockRose Risk's pitch to homeowners associations and hotel owners in fire country has always been the same: harden your property, document it, and the brokerage will push carriers to reflect that work in your premium. The three-year-old company now wants…...
Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, the roofer and the
3+ week, 3+ day ago (388+ words) RockRose Risk's pitch to homeowners associations and hotel owners in fire country has always been the same: harden your property, document it, and the brokerage will push carriers to reflect that work in your premium. The three-year-old company now wants…...
Prettiest Denver suburbs see home insurance premiums soar with wildfire risk
3+ week, 4+ day ago (1306+ words) After a summer when wildfires have dominated the headlines, homeowners and homebuyers in some of Denver’s most appealing suburbs are getting reminders of that risk when they see their mortgage payments bumped by higher insurance premiums. “Home insurance is the…...
Investors push home loans to record size in smaller states
4+ week, 2+ hour ago (83+ words) AFR Investors quitting Sydney and Melbourne drove the average loan size to record values in Western Australia, Queensland and South Australia in June as they chased higher capital growth than they could get in their home states. While the pick-up…...
Wildfires saddle homeowners with costs that insurance may not fully cover
4+ week, 1+ day ago (1063+ words) Crews fight the Bald Range wildfire west of Summerland, B.C. Some homeowners with insurance could soon discover it won’t be enough to cover the costs of recovery.HO/The Canadian Press Less than two years after moving into his dream home…...