Chicago-based insurer exits preferred home and auto insurance

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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.

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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.

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