Homeowners having trouble finding mudslide insurance

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From the Los Angeles Times:

Charred slopes in the foothills towering above William Johnson’s La Cañada Flintridge home are now a mudslide in the making after being burned by recent wildfires.

But getting insurance has been impossible for him and many of his neighbors, he said, as winter rains loom.

Johnson, 54, said he called three providers, each of whom said they would not issue insurance for his area.

“While I’m trying to get protection, they don’t want to deal with their losses, and they’re trying to maximize their profits,” he said.

Southland homeowners at a high risk for mudslides say they are finding few options for complete coverage.

Stand-alone mudslide policies are rare, so some residents are buying flood policies on top of fire and earthquake plans, hoping that at least one will accept mudslide damage claims.

Click here to read the full story.

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Written by Times Community News

October 10, 2009 at 10:56 am

Posted in L.A. Times

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