Wildfires in the West are on the rise, leading to increased insurance premiums for residents in Southern Oregon. One insurance agent in Ashland saw a premium on his rental property spike by 86%, prompting residents in remote wooded areas to explore their insurance options. Juliet Grable, a JPR contributor, has been covering the issue and shedding light on the challenges faced by residents. As natural disasters become more severe nationwide, the impacts are felt not only in terms of property damage but also through rising insurance costs. The growing frequency and intensity of wildfires are prompting residents to reconsider their insurance coverage and in some cases, switch providers. To contribute to the conversation or suggest a topic related to this issue, listeners are invited to reach out to “Think Out LoudĀ®” via Facebook, email, or voicemail. With insurance premiums on the rise and options shrinking for residents in high-risk areas, the need for proactive measures to address the impacts of wildfires and other natural disasters is becoming increasingly urgent.
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