Homeowner's insurance crunch may turn into a full blown crisis
Consumer advocates say a homeowners insurance crunch may soon become a homeowners insurance crisis as customers face huge rate increases or out-and-out cancellations. Experts say the major reasons homeowner policies get giant rate hikes or out-and-out canceled is that they're homes are too close to wildland brush and trees or too far away from a fire station or both. Tom Vacar reports.