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.
Non-weather-related water damage patterns vary by region, as do claims from theft.
Younger homeowners have shown some surprising changes in frequency of shopping for homeowners insurance.
In order to gain greater access to homeowners' data, insurers must offer insureds benefits such as loss mitigation.
New ways of gathering and processing data is allowing insurers to go beyond one-off decisions.
Recent years have seen a larger share of catastrophe-related homeowner losses, making preparedness a key tasks for insureds and carriers.