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For Home Insurers, Weather Proves More Costly While COVID Measures Lower Claims

April 6, 2022

Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021 LexisNexis Home Trends Report, the loss cost in 2020 also increased across all perils by 6% year-over-year, following the upward trend that the report says will likely […]

Filed Under: American Heritage, Weather Tagged With: covid, covid and home insurance, how weather affects your home owners insurance, weather and insurance, Weather Preparation

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