I know a friend in southern California who's house burned down and the insurance company recently cancelled them before the fire
Posted by n0va76
I know a friend in southern California who's house burned down and the insurance company recently cancelled them before the fire
Posted by n0va76
1 Comment
Insurance companies determined these homes are likely to burn in a fire and were prevented by State of CA law from raising rates to the level that would make them accept that risk. If insurance ever tells you you are uninsurable, you need to leave ASAP.
It is insurance’s entire job to determine risk, and years ago they determined risk in this area is too high to do business. The market works, and the market was telling them this is not a sustainable place to live.