Jim de Bree | Dealing with Insurance a Tall Order
3 Articles
3 Articles
Jim de Bree | Dealing with Insurance a Tall Order
Over the past few years, all homeowners, but especially those in the Santa Clarita Valley, have seen the cost of homeowners insurance rise to levels that are unaffordable for many. The increased frequency of catastrophic events, accompanied by rising building costs, have combined to create this situation. I suspect the crisis will intensify in the near future as the financial impact of the recent fires works its way through the system. Last sum…
Homeowners stunned as insurers cancel policies for list of bizarre reasons: '[They] just flatly dropped us'
Insurance companies are canceling California homeowners' policies by the dozens. Why? The reasons are less than convincing. "[AAA] just flatly dropped us," said Susan Gadoua, per ABC7 News. "They just said, we're dropping you and you have no option to do anything." What's happening? Gadoua had been a loyal AAA member for 30 years, always paying on time and having no claims during that period. Yet she received a letter from the insurer dropping …
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