As natural disasters become more frequent and severe, insurance providers who underwrite catastrophic losses are increasing premiums and leaving entire states. In the last 18 months, over a dozen insurance companies have stopped selling home insurance in Florida. Across California, major insurers like State Farm and All-State have pulled out of the home insurance market. Watch the video above to learn where homeowners can find insurance on the public market and how mitigation credits can combat costly premiums.
Thu, Aug 24 202311:12 AM EDT
https://www.cnbc.com/video/2023/08/24/how-to-handle-the-home-insurance-exodus-underway-in-california-and-florida.html How to handle the home insurance exodus underway in California and Florida