FORCED ONTO THE FAIR PLAN: Why Are Low-Risk Homes Losing Insurance? ...0

News by : (CBS sacramento) -
California's insurance of last resort is supposed to be for homes with *high* wildfire risk, but our CBS News California data analysis found that the vast majority of people in the FAIR Plan live in areas that the insurance companies classify as “low risk”. Julie Watts Investigates why people in low-risk areas are being forced onto the FAIR Plan and why new regulations may not help to get them off the high-cost, low coverage FAIR Plan and back to normal insurance.

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