Insurance company ‘not renewing’ some policies in OK due to wildfire risk

OKLAHOMA CITY ( KFOR ) – Oklahoma home and landowners now have another weather element affecting insurance policies.

According to Oklahoma Insurance Commissioner, Glen Mulready, around two percent of Farmers Insurance customers will be impacted by the latest change. The insurance company will not be renewing policies for people living in a “wildfire exposure” area.

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“What we’re seeing is they will be non-renewing beginning in November, just over 1,300 homeowner policies,” said Mulready.

Mulready said some of the company’s policy holders were even affected in Oklahoma County.

Ripe conditions for wildfires have placed Oklahoma on the map for fire exposure which has Farmers Insurance paying attention. The FEMA Fire Index Map showed Oklahoma highlights as a fire danger area.

Destructive wildfires swept across western Oklahoma in early 2024. The fires crippled farmers, ranchers, and homeowners.

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