Farmers Insurance Group of Companies filed an endorsement to the new homeowners’ policy it plans to offer in Texas, the HOA, with the Department of Insurance. The endorsement expands the policy to include limited coverage for water, falling of trees or limbs, weight of ice, snow, or sleet, building collapse, and breakage of glass. Farmers announced it intends to work with the Department of Insurance to gain approval of the endorsement. The company’s new HOA policy was offered after it announced plans to non-renew its current homeowners’ policy, the HOB, due to rising mold claims costs.
Topics Agribusiness
Was this article valuable?
Here are more articles you may enjoy.
Data Centers Offer a Potential $10 Billion Windfall for Insurers 
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Trump Approves Disaster Requests for at Least 7 States; Others Wait 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It From This Issue
