Nearly 350,000 California Homeowners in Fire Prone Areas Dropped by Insurers

KQED Forum

Click Here to Listen to Amy Bach on KQED Forum 8/26/19
Between 2015 and 2018, insurance companies dropped nearly 350,000 California homeowners in high-risk fire areas. This insurance coverage data, recently released by California Insurance Commissioner Ricardo Lara’s office, does not reflect how many people who lost insurance went on to purchase it elsewhere, or if newly purchased premiums were at a higher price. Forum talks about what wildfires are costing California homeowners and businesses, and what policymakers are doing to keep Californians affordably insured.

Guests:
Mark Sektnan, vice president, American Property Casualty Insurance Association
Amy Bach, executive director and co-founder, United Policyholders

The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/nearly-350000-california-homeowners-in-fire-prone-areas-dropped-by-insurers/
Date: November 22, 2024