redditr/AskALiberalposthomeownerScore: 8
Should the California state government take any action about property insurance companies leaving its market? If so, what?
Should the California state government take any action about property insurance companies leaving its market? If so, what?
Allstate has now [joined State Farm](https://www.sfchronicle.com/california/article/insurance-allstate-fires-18130622.php) in pulling coverage, along with two smaller insurers, AIG and Chubb.
While the state does offer an insurer of last resort program, in event of a large fire it's unclear whether the state program could actually cover its liabilities.
- Post Date
- 6/6/2023, 1:58:56 AM
- Scraped At
- 3/15/2026, 2:14:39 AM
- Thread ID
- 141zwc0
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