redditr/AskLosAngelesarticle_reposthomeownerScore: 90
well, where'd ya hear it? you might start with that source, no?
check out this mercury news piece about the statewide homeowner insurance situation:
https://www.mercurynews.com/2022/08/29/california-homeowners-could-continue-losing-insurance-as-wildfire-threat-looms/
there won't be trouble getting home insurance, because there's California FAIR Plan, the state insurer 'of last resort'. The issue will be getting a *rate* that most people can afford.
premiums are going up. if the state insurance regulator caps rates, re-insurance companies are going to stop underwriting policies, and then insurance companies won't be able to sell policies.
- Post Date
- 8/30/2022, 12:24:53 AM
- Scraped At
- 3/15/2026, 9:25:39 AM
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