Whether buying a beach house in Miami or cabin in Appalachia, you probably need homeowners insurance — but what kind? While you can skip over hurricane insurance in Appalachia, that’s not a nationwide trend, according to a new study.
- As of 2014, 89.4 percent of homes in the U.S. held home insurance policies.
- The amount of homeowners holding insurance policies dropped the most in the Tampa metro area. In 2006, 92 percent of homes were insured in Tampa, dropping to 79 percent in 2014.
- Denver had the highest percentage of insured homes, at 92 percent.