As climate change supercharges severe weather, home insurance prices are going way up. In some markets, insurers are pulling out entirely, where companies have decided that the risk of fires or storms is just too steep to keep doing business. Well, the U.S. Department of Housing and Urban Development is trying to address the problem with a summit this week, and acting HUD secretary Adrianne Todman is here to talk about it. Thanks for joining us.

As climate disasters go up, so do home insurance costs. HUD wants to break the cycle

ARMs can offer temporary relief for homebuyers who want to avoid paying higher mortgage rates — however, they also come with risk.

Thousands of homeowners are about to get slammed with higher monthly payments

New Jersey State

Maryland State

GEICO is to shell out around $8 million to settle with auto claims adjusters and policyholders in two separate cases. In the case involving auto claims adjusters, the Berkshire Hathaway subsidiary was accused of wage and hour laws violations. Lodged by both former and current colleagues in Maryland and New York, the complaints had been refuted by GEICO, claiming that the supposed overtime hours weren’t logged on the adjusters’ time cards.

GEICO to pay millions in separate settlements

The Motley Fool

Surprisingly, senior drivers may pay higher rates than younger drivers. Learn 10 sensible ways to drive rates back down.

10 Ways Seniors Can Cut Their Auto Insurance Premiums

Virginia State

The US Sun

LAWMAKERS have cracked down on car owners as uninsured drivers are no longer allowed on highways as of the beginning of the week. The new Virginia regulation went into effect on Monday, July 1. The bill meant to ensure all drivers on Virginia roads are riding in insured vehicles was signed into law last year. […]

Drivers say ‘it’s about time’ as July 1 crackdown stops offenders from ‘buying their way out’ – proof you now need

Wyoming State

GOBankingRates

When you buy a home, your monthly expenses can run much higher than your mortgage payment. Home insurance, maintenance costs, home association dues and property taxes can spike your monthly outlay by...

7 States With Cheap Housing Markets and Low Property Taxes

FinanceBuzz

Finding the right car insurance can feel overwhelming. If you're confused about coverage, here are 10 surprising items to watch for with your policy.

Did You Know Car Insurance Can Cover These 10 Things?

DC News Now

More than 1 in 5 Americans (21%) admitted to intentionally providing false information on insurance applications in a recent survey. Insurance experts warn of the consequences.

Lying to get cheaper car insurance can end up costing you

Car insurance keeps getting more expensive, with the average price nationwide being roughly $2,000 per year. While much has been written about reducing your policy’s premiums, many people overlook all the pesky little fees that insurers can tack onto your bill. These fees are easy to avoid … so long as you know they are there in the first place.

5 Types of Car Insurance Fees You Can Avoid

Homeowners insurance can seem like a maze, but understanding it is crucial for protecting your home. Did you know that homeowners insurance doesn't just cover your house? It also protects your belongings, provides liability coverage, and can even pay for temporary living expenses if your home becomes uninhabitable. Many people think it only covers damage from fires or storms, but it can also cover theft, vandalism, and certain types of water damage. However, not all disasters are included; floods and earthquakes usually require separate policies. Knowing these 14 facts about homeowners insurance can help you make informed decisions and ensure you're adequately protected.

14 Facts About Homeowners Insurance

California State

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community_voice

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

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contributor

Thomas Smith

Spotting a few bugs in the house is typically a nuisance, but there's one in particular that should ring alarm bells for homeowners. If you come across the bug in the photo above, it's time to call in a professional.

Study This Photo--If You Find This Bug In Your House, You Need To Call in a Pro

Los Angeles, CA

USA TODAY

Hong Kong ranked topped the list of least affordable housing market across the globe but the US had a strong showing, too.

These cities have 'impossibly unaffordable' housing, report finds

Michigan State

The Markup

As part of the reporting process for The Markup’s investigation into inequitable insurance pricing, we dug through more than 52,000 pages of documents that insurance companies filed with government regulators detailing their pricing algorithms. As a result, we learned about the many different ways you can save some money...

How to Get a Discount on Your Car Insurance

Florida State

Soaring insurance costs have left homeowners with some tough decisions to make. The average home insurance premium increased by more than 20% in 2023, and experts are expecting another 10% to 15% hike this year. In states like California and Florida, where homeowners face a growing number of wildfires, severe storms and other natural disasters, major insurance companies have stopped offering insurance policies altogether.

4 Home Renovations That Insurance Companies Love

Whether you're looking for a long-term investment and want to make sure you're not buying a money sink or you're thinking about buying your first home, it's important to choose the right property...

5 Types of Homes Expected To Plummet in Value by the End of 2025

Editor's Note: This story originally appeared on The Penny Hoarder. The price of everything has skyrocketed recently, from groceries and property taxes to the gas in our cars. And speaking of cars, auto insurance has seen one of the largest spikes in cost. There was a 20.3% rate jump from...

6 Ways Seniors Can Save Money on Car Insurance

Alabama State

Is Florida on your mind for retirement but you're not too keen on the cost of living? The Sunshine State has been a key place for retirees to relocate to for its warm weather and tax friendliness, but...

9 Warm Weather States That Are More Affordable for Retirees Than Florida

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Anika Jindal

The type of gasoline you use matters most when it comes to keeping your car running. While most gas stations claim to provide high-quality fuel, not all gasoline is created equally. You should avoid some gas brands that can ruin your car.

Worst Gas Brands That Can Ruin Your Car

NewsBreak

Home insurance rates are rising due to climate change. What could break that cycle?

A warming planet is making storms and wildfires more intense, and more destructive. That's making homeowners insurance more expensive and harder to find. Insurance companies are...

Home insurance rates are rising due to climate change. What could break that cycle?

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