Wild Fires and Insurance Companies Bailing
With the current fire in Ventura County and homes burning down and insurance companies considering not to insure in California, should homeowners near fire zones consider selling?
I have a condo that’s near a hillside that burned a few years ago, I’ve been giving it more thought. If my insurance company decides to not insure in California, my next insurer may drastically increase the premium.
What do you all think?