Underinsured homeowners grapple with loss after L.A. fires – CBS News Watch CBS News Before the fires in Southern California, you could see mile after mile of beautiful houses on wooded landscapes. But what you couldn’t see was that many of the homes were uninsured or underinsured. Mark Strassmann reports. Be the first to know…
As disasters linked to climate change become more frequent in the U.S., homeowners across the country are paying the price through skyrocketing insurance costs — and not only in states like Florida and California that are considered most vulnerable to global warming. The Los Angeles wildfires, which have decimated neighborhoods such as Pacific Palisades and…
kupicoo / iStock.com Many retirees live on a fixed income, and it can sometimes be challenging to make ends meet. Life is expensive, and it doesn’t get any cheaper as you get older. However, if you bought a home years ago and you still live in it today, you have options if you need extra…
My wife and I lost our multimillion-dollar home in a landslide — but the bank still chases us for our mortgage There’s been an uptick in major storms lately. In 2023, for example, there were 20 named storms in the Atlantic basin, compared to an average of 14 per hurricane season, according to the National…