California Home Insurance Concerns
Wildfires have burned nearly 10 million acres of forest and destroyed 39,000 homes in California over the last five years, providing a glimpse at just how dire the state’s climate crisis has become.
Yet at a time when it’s more vital than ever for homeowners to have adequate insurance coverage, many carriers have decided to no longer insure homes in certain parts of the state, while others have left the home insurance market altogether. As a result, many California residents are left with little to no options for homeowners insurance — particularly those with homes in areas most at risk of wildfire damage.
2017 and 2018 were two of the most destructive fire seasons with a combined claims payout of almost $300 billion.
Click Read More below for more information regarding Insurance Companies that no longer offer policies in California and those that do.
