Many California families are opening their mailboxes and finding a bombshell: a letter from their insurance company saying they’re losing their homeowners’ insurance coverage, even if they live where you’d think fire risk is low.
Many families are asking how these companies can easily drop loyal, paying customers. Our NBC Bay Area Responds team highlights how insurers have the upper hand and how that might change.
“I cannot sleep thinking about what’s going to happen with my home insurance,” said East Oakland resident Maria Espada. Espada has had Safeco homeowners insurance for twelve years. But not for much longer. Safeco is dropping her homeowners’ policy…