Tag: Insurance Crisis
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Home Insurance Rates Soar in California
In recent years, Californians have faced a significant surge in home insurance costs, with rates escalating by nearly 50 percent, as indicated by lendingtree’s 2024 State of Home Insurance report. Many residents, grappling with the financial burden, are opting to forgo home insurance altogether, navigating the precarious choice between financial stability and safeguarding their homes.…
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Homeowners Insurance Crisis Grips Santa Cruz Mountains Residents
Fed-up residents in the Santa Cruz Mountains are facing a dire situation as major insurance agencies drop coverage, leaving many without homeowners insurance. A recent community meeting held in Scotts Valley highlighted the growing concerns and fears among homeowners. Concerns Over Coverage Drops Residents gathered at a packed community center and overflow room to voice…