Who Regulates Homeowners Insurance? 
Homeowners , auto and all other personal and commercial insurance contracts are regulated by each state 's Insurance Department . Though the Federal Government now has regulatory authority over our health insurance and LIfe Insurance/investment products , it is the States who oversee personal anc commercial insurance products that we use every day . Each Insurance Company that chooses to offer products and solutions in each state must file with that state 's Insurance Department and submit the products that they will market and service to the department for review and approval . Each policy 's full terms and conditions must be clearly laid out and approved by the Insurance Department before that product may be marketed , sold and serviced . 