Insurance companies are cancelling wind and hail policies this year, leaving thousands of Gulf Coast homeowners scrambling to find coverage.
Farmers Insurance will drop 10-thousand wind policies by July. Alfa Insurance is no longer writing wind policies in Southwest Alabama.
A State Farm spokesperson told News 5 they're writing limited polices north of I-10 and are no longer writing wind policies south of the interstate. USAA Insurance recently cancelled more then 15-hundred wind policies in South Mississppi and is refusing to write new polices in Coastal Alabama.
Insurance experts says it's no longer profitable for companies to insure wind and hail policies and believe cancellations will continue until the government steps in and takes a closer look at insurance reform.
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