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  2. California will soon require insurers to increase home ... - AOL

    www.aol.com/california-soon-require-insurers...

    The 2018 fire in Paradise, California, killed 85 people and destroyed about 11,000 homes, and some residents have struggled to find home insurance since. Steve Crowder, the town's mayor, lost his ...

  3. Governor Newsom is banning insurance companies from canceling ...

    www.aol.com/governor-newsom-banning-insurance...

    According to LendingTree, more than 10% of all California homeowners lack homeowners insurance. “The high wildfire risk in California has led to insurance companies withdrawing from underwriting ...

  4. California homeowners insurance market tested as fires rage

    www.aol.com/finance/california-homeowners...

    Insurance is a capital-intensive business with thin profit margins, and many insurers have been hemorrhaging money in California in recent years as wildfires intensify. 2018’s Camp Fire in ...

  5. Will California homeowners relocate or rebuild? Both ... - AOL

    www.aol.com/finance/california-homeowners...

    Peter Vanek, president of PVRK, a Southern California-based real estate consulting company, said his home was destroyed by a battery fire in 2023. His insurance initially estimated $350,000 for ...

  6. Controversy swirls around California’s failed wildfire ...

    www.aol.com/finance/controversy-swirls-around...

    Due to California's wildfire insurance crisis, homeowners in fire-prone areas are facing increasingly high rates or losing coverage altogether. Don't miss Car insurance premiums in America are ...

  7. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    However, seniors may find it harder to qualify for a new home loan if they have a limited income, existing mortgage or other debt. We often think of homebuyers as young people: newlyweds, couples ...

  8. LA fires may spark the end to cheap homeowners’ insurance in ...

    www.aol.com/la-fires-may-spark-end-200410704.html

    Compared to home values, the average statewide premium in 2023 was the lowest among all 50 states, according to the Reuters analysis. California’s high property values may make that insurance ...

  9. California home insurance in high-risk wildfire areas could ...

    www.aol.com/california-releases-proposal-goal...

    Homeowners in areas at high risk of wildfires could have an easier time finding insurance coverage in the future under an eagerly-awaited proposal released Wednesday by the Department of Insurance