November 13, 2019
OAKLAND (KPIX 5) — As fires ravage California each year, more homeowners are at risk of losing their insurance.
The fires across the region in recent weeks caused memories of the 1991 fire in the Oakland hills to come racing back to homeowner Al Fleischman.
“When one loses something that one puts one’s life into, it’s always, always sad,” Fleischman said.
November 8, 2019
PARADISE — People submit applications for rebuilding permits to the town of Paradise and Butte County every day. On Nov. 1, it was Wade and Courtney Petersen’s turn.
“It’s just a really exciting moment,” she said as she filled out the paperwork in town hall.
Almost a year earlier, the Petersens learned their home in lower Paradise had burned to the ground in the Camp Fire. Soon after, they booked...
November 1, 2019
Victims of wildfires are at risk of losing not only their homes, but their insurance plans as well.
Wildfires have ravaged California over the past few weeks. Fire erupted in Jurupa Valley Thursday and already spread across 300 acres. The Kincade Fire in Northern California burned over 76,000 acres, and the Getty Fire in Southern California burned 745 acres as of Thursday.
October 31, 2019
Sonoma County residents forced to evacuate because of the Kincade fire could be reimbursed for their expenses while away from home by their homeowner insurance company.
The caveat is that those policyholders would have to be displaced under a mandatory evacuation order issued by Sonoma County Sheriff Mark Essick to be eligible for any reimbursement from their insurers. About 190,000 county...
October 25, 2019
County review points to firefighter shortage, planning shortcomings and the need for residents to be ready.
Emergency management officials were unprepared for massive evacuations before the most destructive fire in Los Angeles County history, causing chaos and calls for mutual aid that were not provided in the first critical hours of the Woolsey fire, according to a detailed...
October 25, 2019
As North Texans grapple with damage claims following a weekend storm, estimates say 60% of homes don't have enough coverage for full replacement.
DALLAS — If there is one good thing to come out of the Sunday storms, it’s that all that damage might make us look at our homeowner’s insurance.
Multiple surveys by Marshall & Swift/Boeckh over the years have found that as many as 60% of...
October 24, 2019
If you weren't directly hit by the October tornadoes, they are a reminder to update your insurance coverage. Most homeowners are under-insured — and don't know it
DALLAS — In recent days we have seen the maps with arrows crisscrossing the Dallas area, showing where tornadoes swept across the ground over the weekend. Even if you were not in the path of Sunday’s tornadoes, they are an important...
October 21, 2019
ORINDA, Calif. (KGO) -- Scientists tell us earthquakes strike every three minutes in California -- though most of them are so weak we can't feel them, enough are so big we can't forget them. So, does living through a quake drive us to buy earthquake insurance?
Not so much.
The California Earthquake Authority says the vast majority of homeowners opted not to buy an earthquake policy. What's...
October 11, 2019
SAN FRANCISCO (KGO) -- Although people had a couple of days to plan for the power shutoffs, losses were inevitable. So who's responsible to pay for that?
Unfortunately, it's the PG&E customers who are stuck with the bill.
What makes this situation different than any other is the fact it was a planned outage ordered by PG&E.
As power went out, thousands of residents watched helplessly...
October 10, 2019
The cost of homeowners insurance is one of those unavoidable expenses that comes along with owning a house.
How much you’ll pay for insurance varies depending on your location and the age of your home, but the average annual homeowners insurance premium is $1,200. That can feel like a big expense, but knowing you’ll be reimbursed if something happens to your most valuable investment can be...