Five Emerging Risk Trends Facing Homeowners

Wednesday, May 19th, 2021 Risk Management

As a famous truant once observed, "life moves pretty fast."

Today’s homeowner risks include technologies that were barely invented a decade ago, demographic trends that hadn’t fully emerged, and a plant that (depending on where you live) may no longer get you in trouble.

To help insurers tackle these evolving risks, we’ve begun filing one of the most significant updates to the ISO Homeowners program in a decade.

It’s a sweeping update, addressing a range of new exposures, enhancing language around existing homeowners risks, and introducing new optional endorsements, new rules, and loss costs.

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https://www.verisk.com/insurance/visualize/five-emerging-risk-trends-facing-homeowners-and-how-were-addressing-them/

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