Soaring ‘McMansion’ insurance prices create opening for commercial group

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team : Jul 10, 2026 1:00:09 AM

Soaring ‘McMansion’ insurance prices create opening for commercial group

FM Enters Home Insurance Market Catering to Elite Properties

FM has announced plans to enter the luxury home insurance market in the United States. The company claims it will leverage its engineering expertise to offer more affordable insurance options for high-value homes, often referred to as "McMansions," typically owned by affluent individuals. Rising insurance costs in this segment create an opportunity FM aims to address.

Original Source: https://www.ft.com/content/e5c6684b-f401-405a-86f2-b5e96cb535a1
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