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 ...
It’s no longer just mortgage rates or property taxes pushing homeowners to the brink; skyrocketing insurance premiums have become a deal breaker of their own. In states where hurricane, wildfire, and ...
Even after she escaped rising floodwaters by wading away from her home in chest-deep water during Hurricane Rita in 2005, Sandra Rojas, now 69, stayed put. A fifth-generation resident of Lafitte, ...
Look at these numbers from Lending Tree, as they analyzed information from RateWatch and S&P Global Data. This is the yearly percentage change in the average home insurance rate across the country. It ...
Florida's home insurance market is stabilizing but remains expensive, especially during hurricane season. Insurance costs are rising but not as rapidly as in recent years, despite new tariffs. Average ...
Florida is also the most expensive state for home insurance, with an average annual cost of $8,491, due in part to the state’s high risk of extreme weather. This is based on the state’s average ...