How Insurance Works

Homeowners Losing Fire Insurance Policies Over Wildfire Risk


MONTHS AGO. THE MAN WAS FOUND PASSED OUT IN HIS BMW WITH HIS SON. NOWHERE TO BE FOUND. LAST NIGHT WE TOLD YOU HOW MISSOURI — MANY RESIDENTS IN THE SIERRAS AND FOOTHILLS ARE LOSING THEIR HOME INSURANCE OVER DYING TREES. THE STATE ESTIMATES THERE ARE OVER 100 MILLION DEAD TREES BECAUSE OF THE DROUGHT. WHICH MAKES THEM FUEL FOR WILDFIRES. ONE COUNTY IS STEPPING IN TO HELP HOMEOWNERS FIGHT BACK. Reporter: IT’S DEAD TREES LIKE THIS ONE THAT IS RAISING A LOT OF CONCERN. NOXIOUS FOR THE FOLKS THAT LIVE OUT HERE, BUT FOR THE INSURANCE COMPANIES. IF I DO NOT GET HOME INSURANCE, UNFORTUNATELY IN MY SITUATION IT WILL EVENTUALLY PUSH ME INTO FORECLOSURE. Reporter: THIS FAMILY IS LEARNED — WORRIED ABOUT LOSING THEIR HOME. THE DROUGHT HAS KILLED OFF OVER 100 MILLION TREES. THIS WINTER STORM HAS CAUSED LOTS OF VEGETATION TO GROW. BOTH FUEL FOR THE WILDFIRES IN THE SIERRAS. THAT FEAR IS A RISK INSURANCE COMPANIES MAY NOT BE WILLING TO TAKE. AS EVIDENT IN THIS LETTER OF NONRENEWAL. THE WHOLE SITUATION ACROSS THE SIERRA AND THE WILDLAND AND URBAN INTERFACE, THAT IS A CLEAR AND PRESENT CONCERN FOR INSURANCE COMPANIES. Reporter: JOHN MACKLE DANNY IS A PROGRAM MANAGER AT PLASTERED COUNTY. HE SAYS THEY HAVE BEEN LOOKING AT THE STATE LEVEL TO COME UP WITH SOLUTIONS. AND ASKING INSURANCE COMPANIES TO REEVALUATE THEIR POLICIES TOWARDS HOMEOWNERS THAT HAVE MADE SIGNIFICANT IMPROVEMENTS TO THEIR PROPERTIES. MITIGATION EFFORTS WORK. THERE IS SCIENCE BEHIND THOSE EFFORTS. Reporter: EVEN IF THEY WORK THEY COST MONEY. MONEY THAT SOME PEOPLE JUST DON’T HAVE. THEY WANT THAT SPACE OUT 100 FEET. THAT EXTENDS INTO MY NEIGHBOR’S PROPERTY. I CAN’T MAKE MY NEIGHBORS CUT THEIR TREE. IT GOES OUT 100 FEET. Reporter: THE MAN’S INSURANCE COMPANY SENT HIM A LETTER OF WHAT TO FIX. MEETING THOSE MANDATES IS NO SIMPLE TASK. ESPECIALLY WHEN YOU ARE DEALING WITH 200 FOOT TREES. EACH LIMB WOULD HAVE TO BE DROP-DOWN WITH A ROPE. WE HAVE POWER LINES IN THE HOUSE AND EVERYTHING ELSE. THAT COST A LOT OF MONEY. Reporter: EVEN IF THE HOMEOWNERS COME INTO 100 PERCENT COMPLIANCE THE INSURANCE COMPANIES HAVE TOLD THEM THEY STILL MAY NOT BE ABLE TO ENSURE THE HOME.>A PLUS OR COUNTY OFFICIALS ARE ASKING HOMEOWNERS TO GET A LETTER OF NONRENEWAL TO FILE A COMPLAINT


Reader Comments

  1. while i feel sorry for anyone who cant afford to maintain their properties, a dead cedar tree fell on my husband's car on his way to work last dec & broke his neck….almost killed him. the homeowner never offered to help pay for his surgery his totaled car or his 2 months salary while he was off recovering.
    if you can not afford to maintain your property then sell it & move into a condo. no more sympathy for people living beyond their means!

Leave a Reply

Your email address will not be published. Required fields are marked *