Ultimately it is the position of elected officials in CA that Insurance companies should be legally required to lose
money and also cover everyone.
There seems to be some confusion. State Farm is not a charitable organization and it does not possess unlimited resources.
Urban Land Rent 🇸🇴🚰
California’s elected officials are delusional in thinking they can force insurance companies to insure the uninsurable.
You can pass any law you want, but if a house is worth $750k and climate models predict it will almost certainly burn within 20 years what rates would YOU charge them?
Urban Land Rent 🇸🇴🚰
Californians, read this and get angry.
After many in our state lost everything in last year’s fires, insurance companies quietly buried “wildfire deductibles” in their policies.
Not the standard deductible.
A separate one,
