Texas homeowners are facing yet another hurdle in the state’s insurance crisis. In May, Lemonade announced it would no longer sell new home and condo policies in 12 counties.
Windstorm insurance protects homeowners against wind-related damage from events like hurricanes, tornadoes, hailstorms, high-speed winds, and derechos. Coverage may vary considerably depending on your state, region, or insurer.
Despite a court ruling and regulatory sanctions, California’s insurer of last resort, the California FAIR Plan, continues to deny smoke damage claims from homeowners affected by the January wildfires. According to a Los Angeles Times review of denial letters, policyholders have been denied coverage for smoke damage, drywall removal, insulation replacement, and other building materials even when testing revealed toxic contamination inside homes (LA Times).
