INSURANCE AND WUIC
INSURANCE FACTORS WUIC
2026 new criteria can be implemented Several future unknowns Insurance moratorium/cancellation, legislation in 2025 could be lifted Insurance companies leaving and or not renewing policies Cost impact sharing
Insurance companies> increased premiums, refused and/or canceled home insurance polices Risk assessments are currently being made due to regional fire history Alternative insurance coverages through the state high risk coverage
Rate increases from $1k to $5,700 or more a year
Lenders may be requiring high risk coverage or not lending on high-risk homes or business
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