Pat Howard

Dec 6, 2023 | policygenius.com | Pat Howard |Jennifer Gimbel |Ian Bloom

Georgia flood insurance: By the numbers Georgia has over 400,000 properties with a greater than 26% chance of severe flooding over the next 30 years, yet only 18% are protected with flood insurance. The average cost of flood insurance in Georgia is $791 per year when purchased through the National Flood Insurance Program (NFIP).

Nov 27, 2023 | policygenius.com | Jennifer Gimbel |Pat Howard

Mobile homes — also called manufactured homes — have become increasingly popular in Florida over the last few years. In fact, Florida ranks no. 2 for the states with the most new manufactured homes in 2022. [1] With so many new mobile homes popping up across the state, it’s essential for these homeowners to find the right insurance coverage to ensure it’s protected.

Nov 17, 2023 | policygenius.com | Pat Howard |Jennifer Gimbel

From May 2022 to May 2023, home insurance rates in Texas increased an average of 27%, compared to an average of 16% the year before. This means altogether, homeowners in Texas are paying approximately 46% more in premiums compared to two years ago, according to the 2023 Policygenius Home Insurance Pricing Report.

Nov 10, 2023 | policygenius.com | Jennifer Gimbel |Pat Howard

The Louisiana homeowners insurance crisis has been building over the last three years due to several hurricanes that have left insurers paying tens of billions of dollars in insured losses. As a result, many home insurance companies have gone insolvent, others have stopped writing policies in high-risk areas of the state, and still others have pulled out of Louisiana completely. This has left tens of thousands of homeowners scrambling to find new home insurance coverage over the last few years.

Nov 9, 2023 | policygenius.com | Pat Howard |Jennifer Gimbel

Since 2017, 11 home insurance companies in Florida have gone out of business amid more severe natural disasters and higher-than-expected claim payouts. To add to the already complex situation, several larger — and by all indications financially stable — insurance companies have recently pulled back coverage or have made the decision to exit the state altogether, citing higher catastrophe costs, increased risk exposure, and skyrocketing construction costs due to inflation.