How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?
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Efforts to rebuild a California town nearly wiped out by wildfire five years ago are being stymied by high home insurance costs.
Efforts to rebuild a California town nearly wiped out by wildfire five years ago are being stymied by high home insurance costs. Residents of Paradise are experiencing sticker shock on renewal policies that near or surpass $10,000. The Nov. 8, 2018, fire that ripped through Paradise and surrounding areas sounded an alarm to national home insurers about the costs of wildfire fueled by climate change. Farmers, State Farm, Allstate and others have paused or restricted new business in California, saying they can’t afford to take on new clients. Homeowners who haven’t been dropped by their insurers are seeing stunning hikes in premiums.
Efforts to rebuild a California town nearly wiped out by wildfire five years ago are being stymied by high home insurance costs. Residents of Paradise are experiencing sticker shock on renewal policies that near or surpass $10,000. The Nov. 8, 2018, fire that ripped through Paradise and surrounding areas sounded an alarm to national home insurers about the costs of wildfire fueled by climate change. Farmers, State Farm, Allstate and others have paused or restricted new business in California, saying they can’t afford to take on new clients. Homeowners who haven’t been dropped by their insurers are seeing stunning hikes in premiums.
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Paradise rising: Town continues to grow five years after Camp Fire – Chico Enterprise-Record
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As Wildfires Grow, So Does California's Housing and Homelessness Crisis. Here Are Some Solutions – California Health Report
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Paradise rising: Town continues to grow five years after Camp Fire – Chico Enterprise-Record
How are people supposed to rebuild Paradise, California, when nobody can afford home insurance? - The Columbian
Farmers_Insurance
How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?
Months After California's Deadliest Wildfire, Many Still Have Nowhere To Call Home
How are people supposed to rebuild Paradise when nobody can afford home insurance?
How are people supposed to rebuild Paradise, California, when nobody can afford home insurance? – Winnipeg Free Press
Insurers withdraw from riskiest areas as threats from climate change grow : NPR
How climate change could cause a home insurance meltdown
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