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Reinsurance companies pull out of S. Deschutes County due to fire risk; homeowners hit by insurance premium hikes

Reinsurance companies pull out of S. Deschutes County due to fire risk; homeowners hit by insurance premium hikes

‘If you are the zip code that gets hit, it’s going to cost us too much money’ BEND, Ore. (KTVZ) — Local insurance companies are on a “total lockdown” due to a 3-year-long fire loss on manufactured homes, La Pine Farmers Insurance Agent Karen Brannon says. The consistent loss has made insurance companies not profitable.

Link: Reinsurance companies pull out of S. Deschutes County due to fire risk; homeowners hit by insurance premium hikes
via ktvz.com