In 2024, 6.1 million American homeowners skipped home insurance, according to the Consumer Federation of America. Without coverage, they risk paying tens of thousands of dollars out of pocket for ...

Home insurance is an ongoing cost tied to homeownership. Most Americans can't avoid it — mortgage lenders require coverage before closing a loan — and this type of coverage is typically imperative ...

A home warranty and home insurance both provide peace of mind, but they offer different types of coverage. Find out how they differ and if you need both.

As the largest homeowners insurance company in the U.S., State Farm is able to offer reasonable rates, exceptional customer service and access to an army of over 18,000 agents, both in person and ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Homeowners' insurance and flood insurance are typically sold as separate policies. Most flood insurance policies have a 30-day waiting period before they become active. It is difficult to get new ...

Understanding home insurance involves comparing policies, assessing coverage needs, and knowing standard exclusions. Essential tips include accurately evaluating replacement costs, considering natural ...

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With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...