Hundreds of thousands of Californians have been abandoned by their property insurers because they live in risky fire-prone areas.
When a Californian loses fire insurance, there are two basic options: Go without protection and risk losing what for many people is their most valuable asset - known as going naked. Or sign up with a last-resort insurer called the FAIR Plan.
The FAIR Plan was created by the state in the 1960s after the Watts riots and some natural disasters prompted insurers to bail. It's funded by the insurers and has about 375,000 policyholders.
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