NAIC Logo CIPR Logo News Release
 HOME | NEWSROOM NAIC on Facebook NAIC on Twitter NAIC Linked In NAIC News Feed (RSS)

FOR IMMEDIATE RELEASE

NAIC RELEASES ANNUAL HOMEOWNERS INSURANCE REPORT

WASHINGTON, D.C. (Nov. 15, 2010) — The National Association of Insurance Commissioners (NAIC) today released its 2008 Homeowners Insurance Report, providing data on market distribution and average cost by policy form and amount of insurance.

The report includes countrywide and state-specific premium and exposure information for non-commercial dwelling fire insurance and for homeowners insurance package policies. It also contains descriptions of the data and a discussion about the way certain economic, demographic and natural phenomena impact the price of homeowners insurance.

The data in the report includes written exposures (earned house years) and aggregate written premiums by state and countrywide for the 2008 data year. It contains three tables that show individual state and countrywide exposures by policy type, individual policy form, as well as amount of insurance coverage, which is divided into ranges with percentages of total exposures provided for each range.

Data from the report was collected from insurance statistical agents for all states except Texas and California, both of which supply data directly to the NAIC. The Florida data excludes policies written by Citizens Property Insurance Corporation, the state's insurer of last resort, and therefore is not directly comparable to those of other states.
Highlights of the report, which are available for viewing in the NAIC’s Pressroom, include Countrywide Exposures by Policy Type and Policy Form and Average Premiums by Policy Form. Please note that the table within the sample report reflects older data (2006).

The entire report has, among its many features, a state by state breakdown of this information.

Click HERE to purchase the complete report (publication code: HMR-ZU-10).

_

About the NAIC

Formed in 1871, the National Association of Insurance Commissioners (NAIC) is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and five U.S. territories. The NAIC has three offices: Executive Office, Washington, D.C.; Central Office, Kansas City, Mo.; and Securities Valuation Office, New York City. The NAIC serves the needs of consumers and the industry, with an overriding objective of supporting state insurance regulators as they protect consumers and maintain the financial stability of the insurance marketplace. For more information, visit www.naic.org.

_

You are currently subscribed to the “NAIC News Release” electronic service. For information regarding this service, please contact the NAIC Communications Division, 2301 McGee Street, Kansas City, MO 64106-2197, 816-783-8909.

To unsubscribe from NAIC Electronic Services, send a blank e-mail to
NAIC Opt Out services.

Insure U Get Smart About Insurance

Contacts

Communications Division
(816) 783-8909 news@naic.org

Scott Holeman
Communications
Director

Jeremy Wilkinson
Sr. Electronic Communications
Manager

Miun Gleeson
Sr. Communications
Specialist

Vanessa Sink
Communications
Specialist

Erin Johnson
Communications Specialist

Visit the NEWSROOM to search news releases and for more media information

Join Our E-mail List
Receive the latest news releases and other information from the NAIC Communications Division!

_

NAIC Web Site | State Insurance Department Sites |
Copyright & Reprint Info | Privacy Statement ]

©2010 National Association of Insurance Commissioners. All rights reserved.