Will Californians in a known fire area ever be able to get insurance other than from the government for years? If ever again?

[OKSTATE1]

The damage Newscum and this mayor has caused will last years, decades, and perhaps forever in terms of a homeowner getting insurance.

The state tried to force pricing on State Farm and State Farm left. Just like when Cali forced higher wages causing grocery stores to close, some in minority in communities.

And of course, the state can't run an insurance pool for shit and the state has a deficit, at least State Farm actually has reserves. Of course the dumb Gov expected State Farm to cover people and incur losses.

State Farm HAS to be celebrating the business decision they made today. Not celebrating the disaster, but celebrating protecting their shareholders and not being bullied to operate in a unsound business manner. This is not State Farm's fault.

I can guarantee State Farm had extremely SMART people modeling what was going on in Cali related to fire risk, loss ratios and probabilities, which was growing and not decreasing because of the lack of action of government officials to have done nothing over the last 10 years to fix the problem, but make it worse.

Here is the HUGE problem Cali has: What for profit insurance company would be stupid enough to insure anyone for fire seeing dry hydrants and putting out fires with women's purses? It might take YEARS for Cali to put in the infrastructure to lower the risk enough for an insurance company to think about writing a policy. It may never happen.

 

[OKSTATE1]

Did you know your house insurance will be more if you live far from a fire station and response time will be slow? So many risk factors are taken in to consideration.

 

[LAY THE WOODY]

Gavin's mulling over his presidential possibility. Being groomed. Gotta say he has better hair and teeth than kamalla. He's a shampoo commercial. A surfer without a board. 🤣

 

[2012Bearcat]

The damage Newscum and this mayor has caused will last years, decades, and perhaps forever in terms of a homeowner getting insurance.

The state tried to force pricing on State Farm and State Farm left. Just like when Cali forced higher wages causing grocery stores to close, some in minority in communities.

And of course, the state can't run an insurance pool for shit and the state has a deficit, at least State Farm actually has reserves. Of course the dumb Gov expected State Farm to cover people and incur losses.

State Farm HAS to be celebrating the business decision they made today. Not celebrating the disaster, but celebrating protecting their shareholders and not being bullied to operate in a unsound business manner. This is not State Farm's fault.

I can guarantee State Farm had extremely SMART people modeling what was going on in Cali related to fire risk, loss ratios and probabilities, which was growing and not decreasing because of the lack of action of government officials to have done nothing over the last 10 years to fix the problem, but make it worse.

Here is the HUGE problem Cali has: What for profit insurance company would be stupid enough to insure anyone for fire seeing dry hydrants and putting out fires with women's purses? It might take YEARS for Cali to put in the infrastructure to lower the risk enough for an insurance company to think about writing a policy. It may never happen.

California’s Homeowner Insurance Market Freefall: Regulatory Folly Run Amok

California’s homeowner insurance market is in the grips of an urgent crisis as major insurers cancel existing policies, refuse to write new policies, and, in some cases, abandon the state’s insurance market entirely.

americafirstpolicy.com

Good article on the insurance problem.

 

[LAY THE WOODY]

Florida?

 

[OUSOONER67]

Keep voting Blue Cali.

 

[LAY THE WOODY]

Has silicon valley ever been under threat of fire?