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Californians Face Fire Insurance Crisis with Non-Renewals and Skyrocketing Premiums

Name: Californians Face Fire Insurance Crisis with Non-Renewals and Skyrocketing Premiums
Uploaded: 2024-09-06T15:00:00-07:00
Channel: NBC Palm Springs
Description: As wildfires rage across California, many homeowners are struggling with fire insurance rate hikes, non-renewals, and even outright denials. One family in Chino Hills saw their policy dropped despite never filing a claim, and they now face significantly higher premiums and deductibles. The state's Fair Plan is covering more homes as private insurers pull out.

By: NBC Palm Springs

September 6, 2024

California wildfiresfire insurance crisisnonrenewalspremium hikesFair PlanChino Hillswildfire riskshome insuranceInsurance Information Institutefire hazard areas

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