2 property insurance companies leaving New York state

Two property insurance companies are leaving the state of New York, meaning tens of thousands of homeowners must find new coverage fast. As CBS News New York investigative reporter Mahsa Saeidi discovered, in parts of Long Island, that won't be so easy.

[Zero_ss]

When its not easy money anymore and they actually have to insure the properties they run away.

[SK-ltso]

Insurance premiums should be like an investment -if they aren't spent on you, you should expect some back as returns.

[whiskerwalks]

Prayers to everyone who were impacted by the severe weathers! 🙏

[chiquita]

Time for NY to actually put the tax dollars into improving infrastructure instead of handouts to foreigners

[Letsgetmad]

No way! They stay and collect money when everything is sweet but when it’s time to give back money they run wow.

[toprankintv]

When you actually gotta use the insurance 😂😂😂😂they funny af

[zhzei]

The DFS is NOT DOING A THING! Speak to me! I have had claim after claim because they don’t pay! Pay for supplemental work, hire their own contractors, neglected claims, leaving my home filled with mold! Toss out property without paying and then deny they tossed it! Complain to DFS AND IN 5 hrs receive a letter that I need to lister to my insurer! Who has been abusive and nasty! I paid for all our ALE OUT OF POCKET AND NOT EVEN REIMBURSED! They offer less than 10% back! Yup! Good exit job! Great! They ALL SUCK!

[leedolian]

The same thing happening in FL is going to happen on LI. This is horrible. All rates are going to go way up

[istiakgt]

Wow let’s all boycott these companies for leaving.

[laurasciortino]

Another disgrace from our whole country

[ninonezio]

you just gotta be a paralegal to receive what you’ve been paying for 😂

[JerryArafatso-zygz]

Hamas reporter? Just another reason why I boycott companies that advertise on cbs and I hope you do too

[NevermoreNC]

The great Democrat voter experience 🤡💩🕳