Climate change is driving up insurance costs for homeowners

From fires in California to flooding along the Atlantic, homeowners are going to have to brace themselves for higher bills as climate change leads to more extreme disasters. Continue reading

New tool tells lenders if properties were damaged by natural disaster

The new parcel-level disaster data is available as a free add-on to the VeroVALUE service, which the company describes as an AVM that provides realistic value ranges for properties across the country. Continue reading

New FEMA plan could make flood insurance more costly for some

Federal officials are reportedly exploring a new flood insurance reform plan that would rely more heavily on data, potentially offering homeowners more transparency about the risks they face while also driving up rates in some areas. Continue reading

Flood insurance freeze halts thousands of US home sales

The Federal Emergency Management Agency ruled Thursday it will not approve new or renew existing flood insurance plans during the government shutdown. Continue reading

National flood insurance program set to expire Friday

The deadline to extend the National Flood Insurance Program expires Friday, meaning House and Senate have two days during the lame duck session to ensure homeowners will have protection. Continue reading