Homeowners left scrambling as insurance companies hike rates and drop coverage: ‘I’m not going to be able to afford my house anymore’

Homeowners in several states across the U.S. are facing skyrocketing insurance rates due to concerns over extreme weather events, and residents in Boulder, Colorado, are the latest to feel the impact.

What’s happening?

As explained by Boulder Reporting Lab, wildfires becoming a year-round threat in Boulder County has caused residents in mountain communities and other areas to have trouble finding home insurance due to the flammable landscape surrounding them. …

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