Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit
PUBLISHED MON, FEB 5 20246:02 AM ESTUPDATED MON, FEB 5 20242:48 PM EST
By: Lindsey Jacobson
WATCH NOWVIDEO13:11The hidden reason some U.S. homes are losing value
Some insurance companies are pulling back coverage from fire- and flood-prone areas, leaving homeowners with limited affordable options. This trend may even affect the property value of American homes, experts say.
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