WASHINGTON (NEXSTAR) – With natural disasters striking communities across the country, lawmakers are examining the rapidly rising cost of insurance and whether sweeping changes are needed to protect homeowners from financial devastation.
Jessica Pyska, County of Lake, California Supervisor, shared her experience with lawmakers.
“The Valley Fire burned 76,000 acres, nearly 2,000 structures, and claimed four lives,” she said. “I lost my home and most of my community that day.”
While federal grants and incentive programs have helped communities rebuild, Pyska said the skyrocketing cost of insurance remains a major burden.
“Despite these investments, we continue to be crushed by
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