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Home Insurance

They lost their home insurance policies. Then came the L.A. fires

Last year, Francis Bischetti said he learned that the annual cost of the homeowners policy he buys from Farmers Insurance for his Pacific Palisades home was going to soar from $4,500 to $18,000 — an amount he could not possibly afford.Neither could...

California Fires Could Make Your Home Insurance Cost More

Even if you live thousands of miles from the catastrophic wildfires sweeping greater Los Angeles, you should brace yourself...

Visualizing Home Insurance Nonrenewal Rates in the United States – Center for Data Innovation

The New York Times has created a map visualizing the rates at which home insurance companies have refused to renew policies in each U.S. county, using the most recent data from the U.S. Senate Budget Committee. As climate change has been exacerbating disasters...

Will LA’s Firestorms Imperil the Home Insurance Market?

Fires tearing through Los Angeles County have raised new fears about the cost and availability of home insurance.After years of soaring rates, policy cancellations and insurer exits from the California market, some expect the fires that have destroyed more than 2,000 homes around...

Will it impact homeowners insurance?

TEQUESTA, Fla. — WPTV looked into the rules and potential impacts of the Southern California wildfires on homeowners insurance. The damage is widespread, and residents in the Los Angeles area are understandably worried.The fires have raised questions and comparisons on homeowners insurance between...