Kathleen Howley

2 weeks ago | bankrate.com | Kathleen Howley |Amelia Buckley

After more than a foot of rain fell within a few hours in Oxford, Connecticut, last August, Randi Marcucio entered her house one last time and grabbed her three-year-old son’s teddy bear. “I didn’t know that the whole house was going to go, but I knew it wasn’t safe to stay the night, and I knew my son would want his teddy bear,” says Marcucio, an emergency room nurse and a single mother.

3 weeks ago | bankrate.com | Kathleen Howley |Jessa Claeys

Homeowners will soon be able to make monthly flood insurance payments without being charged an extra fee. The change is aimed at increasing the number of homes covered by flood policies. Policy participation has been declining in recent years even as more people move to flood-prone areas and natural disasters increase.

3 weeks ago | bankrate.com | Kathleen Howley |Jessa Claeys

Homeowners can now make monthly flood insurance payments without being charged an extra fee. The change is aimed at increasing the number of homes covered by flood policies. Policy participation has been declining in recent years even as more people move to flood-prone areas and natural disasters increase.

2 months ago | bankrate.com | Kathleen Howley |Jessa Claeys

Wildfires in the U.S. Northeast pose a “major threat,” according to a Moody’s report. A record-setting drought turned Northeast woodlands into tinderboxes at the end of 2024, creating a spike in wildfires. If wildfires become more common in the region, higher risk will put upward pressure on insurance premiums.

Jan 17, 2025 | bankrate.com | Kathleen Howley |Amelia Buckley

Donald Trump’s plan to raise federal revenue using tariffs will likely drive up prices for construction materials Higher home repair and replacement costs could put pressure on insurers to increase home insurance premiums China, Canada and Mexico, the top providers of building material imports in the U.S., are slated for the highest tariffs What does the price of drywall have to do with the cost of home insurance?