Authors of the 2019 LexisNexis Home Trends Report examine trends by peril and developments in underwriting, claims, expense management, technology and other factors important to homeowners writers.
Younger homeowners have shown some surprising changes in frequency of shopping for homeowners insurance.
New ways of gathering and processing data is allowing insurers to go beyond one-off decisions.
Non-weather-related water damage patterns vary by region, as do claims from theft.
Some trends are favorable for homeowners insurers, but not all.
Sensors and the data they provide will allow insurers to expand their coverage of less-occupied structures, and spark ideas for new coverage and loss mitigation opportunities.