Home insurance costs are highest in these states – Here's how to lower your premiums [FOX Business Network]
American International Group, Inc. New (AIG)
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Source: FOX Business Network
Home insurance premiums for a $300,000 property in the U.S. increased 12% in 2023 to an average $1,770 per year, the Insurify report said. However, homes in areas at risk of more climate-related damages tend to pay higher premiums, while homes in less disaster-prone areas pay less. For example, homeowners in Florida — a state battered by high-cost natural disasters — pay an annual average of $9,213. Americans living in Vermont, a "very low" or "relatively low" risk state in FEMA's National Risk Index, pay an average rate of $914. Moreover, homeowners in disaster-prone areas face the challenge of finding an insurer. The cost of climate-related catastrophes has pushed several major home insurers to stop renewing certain policies or leave states like Florida and California entirely. "Nearly 75% of people who bought real estate in 2020 and 2021 have regrets about their purchases, with 30% saying they spent too much money, the 2022 American Home Buyer Survey by Anytime Estimate reve
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- American International Group, Inc. (NYSE:AIG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- American International Group, Inc. (NYSE: AIG) had its price target raised by analysts at Evercore ISI from $80.00 to $81.00. They now have an "in-line" rating on the stock.MarketBeat
- United Kingdom Private Medical Insurance Distribution Dynamics Report 2023-2024: The Purchasing Journey, Behaviors and Attitudes, Brand Selection, Future Projections [Yahoo! Finance]Yahoo! Finance
- A 1970s Office Building’s New Life as a Rental [The New York Times]The New York Times
- AIG Beats on Q1 Earnings on Lower Costs, Approves Dividend Hike [Yahoo! Finance]Yahoo! Finance
AIG
Earnings
- 5/1/24 - Beat
AIG
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 5/1/24 - Form 497
- AIG's page on the SEC website