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The Daily Beast Podcast
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The Connection Between Extreme Weather and Homeowners Insurance
A disproportionate large percentage of households that are in high wildfire risk areas are lower income. The Insurance Commissioner in California is very wise to this issue and has declared more atoria in places where there have been declared disaster zones. That's helpful for people who, whether you're wealthy or lowering,. but it's certainly the case that low-income homeowners don't have as many choices when their homeowners insurance is canceled or non-renewed.
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