The tornado damage in Bay Ridge was worse than I thought. Last year, when I purchased a home in Bedford Stuyvesant, an agent from Allstate Insurance told me that the company had stopped insuring homes in New York because they expected a major hurricane/storm to hit the area.
I thought Allstate was just trying to get out of the homeowner insurance business to recoup loses after Hurricanes Katrina and Rita. But, their forecasts might be coming true, as the world suffers from the effects of global warming daily.
I thought Allstate was just trying to get out of the homeowner insurance business to recoup loses after Hurricanes Katrina and Rita. But, their forecasts might be coming true, as the world suffers from the effects of global warming daily.
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