Chicago-based insurer exits preferred home and auto insurance

By FOX 32 News

Published August 15, 2023 5:58pm CDT

Kemper ceases coverage for low-risk drivers, homeowners

A Chicago-based insurer will no longer be insuring drivers or homeowners who are low risk.

CHICAGO - A Chicago-based insurer will no longer be insuring drivers or homeowners who are low-risk.

Kemper says it's ending its preferred home and auto insurance, effective immediately.

SUBSCRIBE TO FOX 32 ON YOUTUBE

So, if you have this insurance — it's getting canceled.

This comes after the company lost more than $400 million in the past two years.