This white paper, presented by Westwood Insurance Agency and The Builder’s Daily, examines the shifting landscape of home insurance in the United States. Climate risks, rising premiums, insurer withdrawals, and regulatory shifts are challenging the housing industry. Affordability is no longer the only concern as availability and long-term stability are now critical. Builders and developers…
Alan Umaly, President of Westwood Insurance Agency, is featured in a recent Builder’s Daily article where he discusses how home insurance can be a deal-breaker for buyers , often disrupting closings due to rising premiums and insurer exits driven by inflation and climate risks. Umaly highlights that builders can stay ahead by working with an…
Westwood Insurance Agency has entered into an agreement to acquire the homebuilder distribution network of Hippo Holdings Inc., adding eight new homebuilders to its builder partner roster. This partnership further solidifies Westwood’s position as the preeminent insurance agency for the homebuilding industry. Read the full press release here.
A new home insurance playbook for builders is here, and it combines offensive and defensive strategies to boost buyer confidence, reduce missed closings, and ensure resilience. This Industry Perspective examines this emerging builder playbook. Read the full report here.
Alan Umaly, President of Westwood Insurance Agency, explains why builders are increasingly adopting embedded home insurance, providing buyers with insurance quotes early in the homebuying process. With natural disasters on the rise, the home insurance market is becoming more challenging, with higher costs and limited availability in high-risk areas. By offering competitive, transparent, and upfront…
Prices for goods and services in the United States have increased 2.4% in the past year, putting Americans in search of ways to save money. Learn which 10 states are the most affordable to live in based on their cost-of-living scores. Plus, find out how much prices vary in different regions of the U.S. To…
