1 in 10 Los Angeles homes don't have insurance, says one estimate
Briefly

"The high wildfire risk in California has led to insurance companies withdrawing from underwriting policies in some parts of the state or limiting coverage for perils like wildfire, making it even harder for homeowners to find affordable policies that provide them with the protection they need," says Divya Sangameshwar, a LendingTree home insurance analyst.
"California home insurance premiums have risen 48% in the past five years, according to LendingTree. However, this isn't just a California cost issue. Rates nationwide are up 38% in the same period."
Read at The Mercury News
[
|
]