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Home insurance companies dropping Idahoans due to wildfire risk [Video]

Idaho’s wildfire-prone land is leading to higher premiums and dropped coverage for some residents of the Gem State.

IDAHO, USA — Nestled behind Bogus Basin, in the middle of the Boise National Forest, sits a small town called Placerville. The town of 53 is known for its forest solitude – but that forest solitude – isn’t what home insurance companies are looking for. 

It’s a problem resident Steve Koppes has felt firsthand. He was dropped from his home insurance company a year and half ago, because his home was in a wildfire-prone area. 

“I was dropped. I didn’t get a letter, I didn’t get notification, I didn’t get reasons. I was just dropped,” Koppes said. 

Dropped Insurance: First Hand Experience

Koppes had had the same insurance for years, and never had a claim of any kind. But, because his home was in a high-risk area, he said he was dropped. 

“Somebody at a desk somewhere …

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Home Based Business

Smart Home and Consumer Energy Markets Are Key Focus at Smart Energy Summit at DISTRIBUTECH, March 25-26, in Dallas | PR Newswire [Video]

16th annual research event features keynotes from Renew Home, Savant Systems, and Southern Company, evaluating value of consumer energy market for future of the smart grid management