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Multibillion-dollar company Chubb Insurance is pulling out of Summit County. It's part of a national trend of companies stopping home coverage for new buyers in areas where fire risk is high. That leaves homebuyers in a pinch as insurance is needed to get a mortgage on top of high housing costs. D2 speaks with KSL Newsradio Reporter Peter Johnston for more details on this story and turns to Utah Insurance Commissioner Jon Pike about insurance companies pulling out of certain areas.
See omnystudio.com/listener for privacy information.
By Debbie Dujanovic and Dave Noriega4.1
4040 ratings
Multibillion-dollar company Chubb Insurance is pulling out of Summit County. It's part of a national trend of companies stopping home coverage for new buyers in areas where fire risk is high. That leaves homebuyers in a pinch as insurance is needed to get a mortgage on top of high housing costs. D2 speaks with KSL Newsradio Reporter Peter Johnston for more details on this story and turns to Utah Insurance Commissioner Jon Pike about insurance companies pulling out of certain areas.
See omnystudio.com/listener for privacy information.