Insurance companies have discovered devious new ways to rip you off

Tech Insider : Economy
A home inside a glass jar being struck by lighting and flames surround it.
Insurance is supposed to make you feel secure from tragedies — but companies are eager to make dealing with them a nightmare.

Tyler Le/Insider

What do homeowners in California and Florida have in common? A major insurance problem

Tech Insider
The frame of a house still stands as it burns in front of the rising sun during the Kincade fire in Healdsburg, California on October 27, 2019; A flooded house is seen in Crystal River, Florida on August 31, 2023, after Hurricane Idalia made landfall.
The frame of a house still stands as it burns in front of the rising sun during the Kincade fire in Healdsburg, California on October 27, 2019; A flooded house is seen in Crystal River, Florida on Augus

Floridians are relocating to the center of the state to try to avoid hurricanes — and high insurance premiums

Tech Insider
Rows of suburban homes in Ocala, Florida
Ocala, Florida

Michael Warren/Getty Images

We left Florida because our homeowners insurance ballooned to $12,000. We walked away from everything we knew so our kids could have a future.

Tech Insider
A row of townhomes in South Florida.
Natalia and John felt the pressures of the rising costs in South Florida and felt the need to relocate.

Marcia Straub/Getty Images

The vicious cycle of homeowners insurance: It's increasingly expensive to protect homes in the disaster-prone areas that need it most

Tech Insider
High Water sign in a flooded neighborhood
Extreme weather events are causing changes in the insurance industry.

CHKnox/Getty Images

Florida's mega-rich could pay $600K for annual home insurance in elite enclaves as the state is slammed with increasingly severe hurricanes

Tech Insider
A mansion on Star Island
A waterfront home in Miami Beach's Star Island.

Jeff Greenberg/Universal Images Group via Getty Images

The last 3 months were the hottest on record. Was summer 2023 just the beginning?

Tech Insider
Serbia's Novak Djokovic cooled off during a break at the US Open tennis tournament.
This year's US Open has been a hot one. Serbia's Novak Djokovic cooled off during a break this week.

John Minchillo/Associated Press

The looming crisis that's going to crush homeowners from coast to coast

Tech Insider : Economy, Politics
A comic strip of a house inside of a burning house unbothered
As the risk of wildfires and storms grows, owning a home is getting riskier — and it's showing up in the insurance market.

Tyler Le/Insider

Cinda Larimer was delivering newspapers on a cool November morning in Paradise, California, when she noticed something softly float down from the sky: ash.

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