As California burns, here’s what you need to know about fire insurance

Source: David Lazarus, L.A. Times (Paid Registration)

Most homeowners insurance policies cover fire damage. But heads-up: That’s not the whole story. If you live in a high-risk area, such as near a canyon, you may need to pay more for additional coverage.

Replacement costs you locked in for your insurance policy may no longer reflect current conditions, meaning you may have to reach into your own pocket to make yourself whole.

Read Full Article: As California burns, here’s what you need to know about fire insurance

 
 

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