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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Homeowners in Georgia’s most climate-risk-vulnerable counties , such as the coastal and most southern parts of the state, can face double-digit premium hikes or nonrenewals. Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher.

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Landlord Insurance: Costs and Coverages in the City

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These risks can include property damage caused by floods or fire, and liability coverage if a landlord gets sued by a tenant or building guest. These three examples are based on real insurance quotes and will help you estimate what a client might pay for their premiums. Sewer and drain backup : Water damage caused by backups.