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Insurance companies drop Utah homeowners due to wildfire risk

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Insurance Companies,Wildfire Risk,Homeowners

Insurance companies are dropping Utah homeowners because of increased wildfire risk.It’s a risk the state is aware of, and some said action needs to happen rig

Insurance companies are dropping Utah homeowners because of increased wildfire risk.Jon Watkins, a homeowner in the Edelweiss neighborhood of Suncrest in Draper, moved into the new community almost six years ago. He loves being above the inversion and close to nature.When his family built their Suncrest home on the east bench in Draper, he said wildfire wasn’t a fear.

With the help of two brokers, Watkins started searching for a new insurer. He found some companies are limiting coverage or no longer insuring in his area. “That’s a concern, and we want to make sure that we’re doing all we can as a state to mitigate the risk,” he said.

 

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