Independent reporting on health, life, auto, home and business insurance — coverage explainers, rate trends and policy news.
AI claims now pay in minutes. Parametric insurance pays without a claim at all. Telematics now prices ~38% of U.S. auto policies. Here is how insurance actually works in 2026 — and what your carrier isn't telling you.
InsuranceFlorida's homeowners insurance market has reached a structural breaking point in 2026. Average annual premiums have climbed to roughly $11,000 — more than four times the national average — and seven major carriers have either exited the state or stopped writing new policies. This is the deepest insurance crisis in any US state since the post-Andrew era. Here is what caused it, what options homeowners actually have, and how to lower your premium even in 2026.
InsuranceTraditional insurance pays you weeks or months after a disaster, after a claims adjuster confirms damage. Parametric insurance pays you within hours of a pre-defined event trigger — no adjuster, no paperwork, no negotiation. As climate volatility breaks the traditional model, parametric is exploding from a niche reinsurance product into mainstream coverage for homeowners, farmers, and small businesses in 2026.
InsuranceAverage ACA premiums rose 7% for 2025. Here's how to read the changes, maximize HSA strategy and pick the right plan for your household.