Arizona homeowner dropped by insurance company over wildfire risk

PAYSON, AZ (3TV/CBS 5) – As several wildfires burn across Arizona, some Arizonans are losing their homeowners insurance because of the risk of wildfires in the state.Dennis’ home in Payson has been part of his family’s story for decades. “It was pretty much all built by us–my dad, my mom and I. My mom, she’d be up on the roof putting shingles down,” he said, who asked to use only his first name for an interview with On Your Side. “It was something that took us five years of weekends and holidays to build onto the old place.”Over the years, Dennis and his parents have had homeowners’ insurance through the same company. “We’ve had Nationwide for over 50 years,” Dennis said. Recently he received a letter from Nationwide telling him the company would not be renewing his policy due to high wildfire exposure. “It’s …

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