US insurance firms unlikely to cover $1 billion in home damage after record-breaking drought

 

kansas-becker-farm-ruined-300x224 US insurance firms unlikely to cover $1 billion in home damage after record-breaking drought  Thousands of US homes are in critical disrepair as the country continues to suffer from this summer’s record-breaking drought. And the damages are unlikely to be paid by insurance companies.

As moisture is sucked away from the ground, houses are shifting, cracking and racking up huge repair bills for surprised homeowners – bills that insurance companies rarely ever cover.
Some repairs have topped $100,000, causing some homeowners to plunge into financial catastrophe as they try to make ends meet.

“I had retired,