American Homeowners and Their Insurers Face a Flooding Crisis from Within

More American homes are flooding from the inside. Old pipes and valves, worn-out hoses on second-story washing machines and faulty connections for a proliferation of water-using appliances are causing a surge in increasingly expensive damage reported to insurers. The increase has occurred even as many other types of claims—including fire—have declined in frequency, according to […]

FAQs: Does Homeowners Insurance Cover Termite Damage?

Termites have survived since the time of dinosaurs and are known as “silent destroyers” because of their ability to obliterate wood, cloth, carpet, and paper indiscriminately and without detection. Each year, termites cause more than $5 billion in property damage. This is accomplished as entire colonies eat the infested material nonstop, 24 hours a day, […]

California Homeowners Face Higher Prices for a Scarce Commodity: Wildfire Insurance

Gary and Eileen Kleinschmidt stand before their home in Sutter Creek, Calif. Ms. Kleinschmidt was on vacation in early 2017 when she found out her insurer wouldn’t be renewing the $1,600 annual policy on the house. Photo: Max Whittaker for The Wall Street Journal By Nicole Friedman Feb. 10, 2019 8:00 a.m. ET Californians who […]