A growing number of California homeowners have had their property insurance policies cancelled, with insurers citing wildfire risk.
First, his family received a surprise cancellation letter from Liberty Mutual.
And yet, the letter his family received from Liberty Mutual said the home “poses an unacceptable fire risk.” “We don’t like what is going on now, because it feels like people are really caught between a rock and a hard place,” said Amy Bach, the executive director ofUnited Policyholders is a nonprofit that helps homeowners who’ve been dropped by their insurers. The nonprofit has been busy.
“The risk has changed dramatically, and unfortunately, the rates have not been able to keep up with that,” Setknan said.
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