I’m probably going to be affected by this but this is bc CA law won’t let them raise prices. I’m insured now. If my house burns today I will be covered. Next year idk. But I haven’t paid for next years coverage. State Farm doesn’t think the max amount they would be able to charge me next year covers their risk. Am I annoyed. Yea very. Do I blame them. No. It’s a business. I blame state regulators. This is a problem california needs to remedy with a combination of allowing them to raise prices more and and likely providing some level of underwriting in a mass disaster. State Farm should be on the hook of your house burns from a one off fire. But to expect a private company to rebuild thousands of homes and properties affected by a natural disaster is frankly ridiculous. This is the responsibility of the state and federal government and there should be a public option.