07.19.23 Homeowners Insurance Reset / Credit Bureau Complaints and Your Good Name

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 19 July 2023

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Homeowners insurance is getting more difficult to get or keep, even in states beyond FL & CA. Clark explains industry challenges and what homeowners can do about this growing problem. Also - What you don’t know can hurt you. Recent CFPB data show complaints against the credit bureaus roughly doubled in one year, highlighting the importance of being vigilant about your credit report accuracy. Homeowners Insurance Reset: Segment 1 Ask Clark: Segment 2 Credit Bureau Complaints: Segment 3 Ask Clark: Segment 4 Mentioned on the show Axios: Uninsurable America: Climate change hits the insurance industry Multifamily industry grapples with surging insurance costs in wake of climate risks Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems — The Conversation Force-Placed Insurance Definition When Should You File a Claim on Your Homeowners Insurance? Homeowners Insurance Archives - Clark Howard How To Find and Choose a Financial Advisor Welcome to Bluebird A Simple Way To Help Your Kid Build Credit Should You Make Your Child an Authorized User on Your Credit Card? What Is a Secured Credit Card and How Does It Work? How To Get a Free Credit Report How To Dispute an Error on Your Credit Report and Win Changes to Credit Reports Credit Karma Review: Free Credit Score and More at Your Fingertips How To Freeze Your Credit With Experian, Equifax and TransUnion Best 529 College Savings Plans By State Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:04.4	You earn unlimited daily cashback on every purchase, receive it daily, and can grow it at 4.15%
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0:14.4	Apply for Apple card in the wallet app on iPhone and start earning and growing your daily cash with
0:19.1	savings today. Apple card subject to credit approval, savings is available to Apple card owners,
0:24.4	subject to eligibility requirements. Savings accounts provided by Goldman Sachs Bank USA,
0:29.6	Member FDIC Terms Apply.
0:37.0	It's great to have you here on the Clark Howard Show where our mission is to serve you and empower you.
0:43.2	See make better financial decisions in your life. Hope you made the decision to subscribe to this
0:50.4	podcast. We appreciate your reviews so much. I want to let you know if you listen to the audio
0:57.9	version of this podcast. We also have a video version that you can see instead both
1:04.9	hopefully enjoyable and informative. So today something that is becoming more and more
1:12.9	a question coming into us is what am I going to do? My homeowner's insurance has been cancelled
1:20.5	and this is a story that has been so big in California and Florida but now is appearing in parts
1:29.5	of other states as well. And we got to talk about this because rates are getting higher
1:36.1	and the idea of the prospect of not being able to obtain decent homeowner's insurance
1:44.0	is definitely something that more and more people are facing. And later credit bureaus
1:50.4	are something people have always complained about but the complaint rates about credit bureaus
1:55.4	have been going way way way up. The credit bureaus are so important with the report cards they
2:02.3	issue on you and me. There's things you got to know because what you don't know can really hurt
2:07.9	you with this. We'll talk about that. So I keep doing interviews heavily in Florida by media outlets
2:18.7	wanting to talk about homeowners insurers that are leaving the state of Florida. Same thing has
	...

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