Helping Homeowners Buy Insurance: Rating the States Report
The Rutgers Center for Risk and Responsibility at Rutgers Law School announces its report, Helping Homeowners Buy Insurance: Rating the States. The report explains what state insurance departments should be doing to provide information to homeowners insurance consumers and ranks every state against those standards. Some key findings:
- No state received a five-star ranking because no state makes claims payment information available to consumers.
- Only two states (California and Texas) rated 4-1/2 stars and another three states (Maine, Missouri, Oklahoma) rated four stars.
- Sixteen states — far too many –received the lowest ranking of two stars.