Unaffordable homeowner's insurance is leaving Californians exposed to the elements

Memorial Day weekend means the start of summer vacations — and also the onset of wildfire season. Many Californians will be going “naked.” Lots more will be only partially covered, unable to afford so-called wrap-around protection. We’re talking about home insurance. “It’s one of the biggest challenges facing this state right now,” says new state Senate leader Mike McGuire , whose mostly rural district includes North Coast forests and world-class wineries.

” It isn’t broken just in California. It’s a nationwide crisis. Climate change is the consensus culprit because it’s blamed for escalating wildfires, flooding, hurricanes, tornadoes…. The New York Times reported this month that insurers lost money on homeowners coverage in 18 states last year. “The result,” it wrote, “is that insurance companies are raising premiums by as much as 50% or more, cutting back on coverage or leaving entire states altogether.

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