California E&S Insurance

Can confirm. OP is very naive about insurance payouts. Everyone I’ve ever known - including my parents - that had a major incident were never, ever made whole by their homeowners insurance. Things are not covered, items get actual value not replacement value, contractors nickel and dime. OP imagine you drive a clean used 2016 Camry that gets totaled. The insurance gives you actual value. You’re not going to level up to your dream car. In fact, you’d be lucky to find an equivalent clean 2016 Camry to buy with your payout. Same with homeowners insurance. Oh and you still own the property, still pay the mortgage, still pay property tax on the land. And yet the home is unlivable. If you try to sell you’ll get below market value for that land because of supply and demand, and the need to demo. It’s a disaster all around for you.

{
  "score": 0,
  "title": "",
  "subreddit": "AskLosAngeles",
  "num_comments": 0,
  "scrape_method": "apify_targeted"
}