California E&S Insurance

I'm going to push back on this comment a little. Just because something is complicated doesn't mean it's a stupid decision. Companies are constantly re-zoning areas based on their risk profile, which is making it complicated. Let's say I take your advice and move to a low risk area. There is no guarantee that the risk profile of your new house will not be changed by insurance companies in the future. Some companies are re-zoning, just to spread the increase cost across more customers to the sting doesn't hurt as much. The people living 10 miles inland from the ocean are getting home insurance increases similar to people within 1 mile of the ocean, even though the risk is lower. If I'm not getting a discount for living 10 miles away from the ocean, I'm going to move closer to the ocean. I want to get my money's worth. My home insurance in Colorado has gone up significantly, mostly due to fires in the mountains that are at least 100 miles away. I have a rental in Fort Myers, FL, about 3 miles inland. My home insurance costs are going up significantly due to the damage within 1/2 mile of the gulf from Hurricane Ian, even though my rental experienced no damage.

{
  "thread_title": "Will home insurance become so uneconomical/awful it makes sense to self-insure?",
  "scrape_method": "beautifulsoup"
}