Travis Hayden
Appearances
20/20
American Catastrophe: LA Burning -- Special Edition of 20/20
Meet Travis Hayden. His house burned down in the Palisades Fire.
20/20
American Catastrophe: LA Burning -- Special Edition of 20/20
Now, many homeowners like Hayden are facing another nightmare, an insurance crisis.
20/20
American Catastrophe: LA Burning -- Special Edition of 20/20
Hayden is just one of many California residents who couldn't even procure fire coverage. But Hayden's story is putting a spotlight on the insurance crisis, which has been years in the making. The 2018 Camp Fire was, at the time, the most destructive fire in California history, costing insurance companies billions and starting a reassessment of how they do business in the state.
20/20
American Catastrophe: LA Burning -- Special Edition of 20/20
It's led to skyrocketing prices for homeowners to keep any policy and thousands of canceled policies. As for Hayden, he has no choice but to figure out what he can do next. It's simply my home. I can't imagine living anywhere else. Well, David, right now there's an estimated $20 billion in insured losses. And as you know, those fires are still burning.
20/20
American Catastrophe: LA Burning -- Special Edition of 20/20
By the way, David, the homeowner we spoke to, Travis Hayden, he's currently staying with friends, like so many others, turning to friends, family, hotels, shelters. This while he tries to figure out what to do next, how he's going to rebuild his life without insurance, David.