Babaamaajimowinan (Telling of news in different places)
Babaamaajimowinan (Telling of news in different places)
Slammed by pricier policies and climate-driven natural disasters, more and more Americans are exposing themselves to risk.
The Lafollette family does yard work at their house in Soquel, Calif., on Thursday. (Clara Mokri for The Washington Post)
Jamie Lafollette found out State Farm was dropping her policy from reading the news.
After she saw a story about the insurer pulling out of Santa Cruz County, her longtime home, she called her agent to confirm that her plan would lapse - setting off a desperate search for a replacement policy that is ongoing.
"Our first quote came in at over $10,000 a year, and that was bare bones coverage," she said. "And then I kept pressing, contacting other brokers ... contacting all these weird companies you've never heard of."
https://www.washingtonpost.com/business/2024/05/27/home-insurance-dropped-coverage/
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