As insurers around the U.S. bleed cash from climate shocks, homeowners lose
As insurers around the U.S. bleed cash from climate shocks, homeowners lose

At first glance, Dave Langston’s predicament seems similar to headaches facing homeowners in coastal states vulnerable to catastrophic hurricanes: As disasters have become more frequent and severe, his insurance company has been losing money. Then, it canceled his coverage and left the state. But Langston…
As insurers around the US bleed cash from climate shocks, homeowners lose
As insurers around the US bleed cash from climate shocks, homeowners lose

At first glance, Dave Langston’s predicament seems similar to headaches facing homeowners in coastal states vulnerable to catastrophic hurricanes: As disasters have become more frequent and severe, his insurance company has been losing money. Then, it canceled his coverage and left the state. But Langston…
Wildfires and home insurance: what Arizonans need to know
Wildfires and home insurance: what Arizonans need to know

At least 1.8 million acres have burned in wildfires so far in 2024, according to the National Interagency Fire Center ABC15 meteorologists are forecasting high winds and fire danger heading into the holiday weekend. Already this year, Arizona residents have seen the impact from one…
Residents face uncertainty as home insurance options dwindle amid fire risks
Residents face uncertainty as home insurance options dwindle amid fire risks

Wildfire preparedness meeting highlights dire situation in the Valley There was a moment, about an hour and a half into City of Scotts Valley’s wildfire preparedness meeting May 14, when the stark reality of the current home insurance landscape in California came into focus. Vice…
Insurance Companies Sending Drones To Spy On Homeowners, Find Defects And Cancel Policies
Insurance Companies Sending Drones To Spy On Homeowners, Find Defects And Cancel Policies

Homeowners in Massachusetts are facing an unexpected threat to their insurance coverage: drones and aerial imagery. In a trend that is raising alarms, insurance companies are increasingly using these technologies to inspect properties and identify potential issues, leading to a surge in policy cancellations and…
Home-insurance payouts are shrinking. Here’s how to prevent the worst.
Home-insurance payouts are shrinking. Here’s how to prevent the worst.

Thanks to inflation and climate change, homeowners are getting less money back from their insurers to repair and rebuild. With tornado season in full swing — hitting Texas and Iowa hard in the last week — and hurricane and wildfire season looming this summer, insurance…
Can a Home Insurer Drop You Due to Aerial Photos? Brace Yourself for It
Can a Home Insurer Drop You Due to Aerial Photos? Brace Yourself for It

Your insurance company might be spying on you. If so, you could quickly lose homeowners coverage. Is your insurance company spying on you? Insurers are increasingly using technology such as drones, airplanes and even high-altitude balloons to survey homes from coast to coast. If these…
Insurers are using drones to inspect homes
Insurers are using drones to inspect homes

Insurers are figuring out if your home is worth their risk without even stepping foot on your property. Consumer advocates worry this will make Florida’s insurance crisis even worse for homeowners. Industry experts believe using drones is a better way to assess homes. Just Google…
The ruthless insurance companies using DRONES to stiff homeowners
The ruthless insurance companies using DRONES to stiff homeowners

Home insurance companies can fly drones over customers’ homes unannounced to spot any defects and refuse to renew policies. Across the country homeowners have reported having policies suddenly dropped after insurers captured aerial images with drones and noticed problems. Insurance expert Karl Susman told CBS8…
Massachusetts insurance companies canceling homeowners policies using drone, aerial photos
Massachusetts insurance companies canceling homeowners policies using drone, aerial photos

Homeowners insurance — It’s a necessity many may not think much about as they pay to renew their policies year after year. So imagine receiving a letter from your longtime insurer highlighting several property problems that suddenly need to be addressed. It’s exactly what happened…
As Home Insurers Exit the State, Officials Promise Faster Action
As Home Insurers Exit the State, Officials Promise Faster Action

Governor Gavin Newsom is calling for swifter reforms to California’s beleaguered home insurance market as homeowners across the state continue to lose coverage or face rate hikes. A growing number of insurance companies have stopped writing new policies in the state, citing increased climate-related risks…
Lawson-Remer: State Farm a ‘bad neighbor’ for abandoning longtime policyholders
Lawson-Remer: State Farm a ‘bad neighbor’ for abandoning longtime policyholders

72,000 State Farm policyholders will lose coverage starting in July 2024. What you can do if this happens to you. San Diego County Supervisor Terra Lawson-Remer called State Farm a ‘bad neighbor’ in a press conference Monday for abandoning longtime policyholders. CBS 8 is Working…
Boulder County Marshall Fire Newsletter – May 17, 2024
Boulder County Marshall Fire Newsletter – May 17, 2024

United Policyholders 2024 home insurance survey – Read more
How to find home insurance in Santa Cruz County
How to find home insurance in Santa Cruz County

As thousands of Santa Cruz County homeowners are losing home insurance, a state official and insurance professionals this week offered advice for finding, keeping and affording policies. Prompted by catastrophic wildfires and floods made more frequent by climate change, many insurance companies in California have…
State Farm denies another homeowner’s claim for water damage
State Farm denies another homeowner’s claim for water damage

More homeowners are coming forward saying State Farm is denying their water leak damage claims. CBS 8 is Working for You to find out if this is a pattern by the insurance company. Mark Matthews has lived in his Chula Vista home for 25 years. And, he…
With 15,000 Santa Cruz County homeowners being ‘non-renewed’ for insurance, anxieties grow as plans are hatched in Sacramento
With 15,000 Santa Cruz County homeowners being ‘non-renewed’ for insurance, anxieties grow as plans are hatched in Sacramento

When Scotts Valley Vice Mayor Derek Timm asked a crowd of about 100 how many had been dropped by their insurance or otherwise not renewed, nearly every audience member raised a hand. The crowd had assembled Tuesday evening for a forum at the Scotts Valley…
What to do if you’ve been ‘non-renewed’ by your insurance company
What to do if you’ve been ‘non-renewed’ by your insurance company

Homeowners are trying to figure out a way forward in this new non-renewal landscape. The law requires that homeowners receive a non-renewal notice at least 75 days before the policy expires. Some agents have alerted long-standing clients, even if their parent companies have not provided…
Bach Talk: Skyfall(out) – Aerial photos impacting property insurance
Bach Talk: Skyfall(out) – Aerial photos impacting property insurance

One of the tools property insurance companies are using to screen potential and existing customers are aerial images captured by satellites and drones of  homes, surroundings and roof conditions.  When the images show damage or hazards, they can trigger a non-renewal or rejected application. This…