How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?
Por um escritor misterioso
Last updated 01 março 2025
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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How are people supposed to rebuild Paradise, California, when nobody can afford home insurance?
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How are people supposed to rebuild Paradise, California, when nobody can afford home insurance? : r/California_Politics
Farmers_Insurance
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Teenagers work at St. Paul farm to improve neighborhood access to fresh food
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Insurers withdraw from riskiest areas as threats from climate change grow : NPR
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The Camp Fire, one year later: a California town called Paradise wonders if anything will ever be the same - Vox
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Brazil's rainforest faces a severe drought that may affect around 500,000 people - North Shore News
Farmers_Insurance
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