Flo No Grow

Progressive confirmed that, yes, “Texas is one of the states in which we are temporarily restricting new homeowners business…” Progressive also has not answered my question about whether any of this will affect potential future renewals of homeowners policies it already has in effect in Texas.

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(Un)FAIR Plan?

The California Department of Insurance sent a bulletin to insurance companies this week outlining how the FAIR Plan, which provides coverage to homeowners who can’t find it elsewhere, can pass along costs incurred from “extreme loss scenarios” to consumers.

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80302

Some areas like zip code 80302 in Boulder, CO are already becoming uninsurable by certain insurers because of wildfire risk, while others are experiencing surging premiums, pushing residents to a breaking point: ‘I’m not going to be able to afford my house anymore.’

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