Don’t Let Insurance Companies Fleece Homeowners
As climate-fueled disasters escalate, insurers are getting richer while leaving Americans in the lurch. Citing climate-related losses, many insurance companies are exorbitantly inflating rates, refusing to renew policies, and delaying, denying, or underpaying claims.
The latest of many examples is Los Angeles, where wildfires devoured over 40,000 acres and left thousands unhoused and unemployed.
Many families were dropped by their insurers or struggled to find affordable options before the fires. Some turned to the state’s coverage plan, which costs more and covers less.