The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive up the price of coverage for everyone else.
In other words, while some homeowners’ rates have gone up moderately, some other residents’ rates, especially in multi-unit condos and co-ops, have increased by as much as 300%. When the 2024 ...
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance premium costs skyrocketed more than 62%, according to LendingTree. Many states are ...
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