Which organization is responsible for governing home insurance in the U.S.?

Is insurance a federal matter? Or do the states regulate home insurance?

Answer
“All insurance (home, auto, health, life) is regulated by the states. Each state in the U.S. has a department of insurance (DOI) headed by an insurance commissioner. The commissioner is either elected or appointed, depending on each state.
Furthermore, each commissioner is a member of the National Association of Insurance Commissioners (NAIC), which is a body created by and governed by the insurance commissioners from each state.
Your state’s DOI, in addition to licensing agents and regulating insurance companies, also serves to resolve consumer complaints against insurers and investigate and prosecute insurance fraud. “
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Shannon Martin
Answered on Apr 06, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
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