Insurers pulling out left and right. This leaves anyone wanting fire Insurance to use the state run insurance. The “ California fair plan” costs several times more than using a privateinsurer. A friend of mine was recently quoted $5000 a year.
“State Farm announced it would no longer issue new business and personal property and casualty insurance policies in California.”
This is probably the breaking point.
https://finance.yahoo.com/news/state-farm-announces-major-insurance-150000813.html
Insurers pulling out left and right. This leaves anyone wanting fire Insurance to use the state run insurance. The “ California fair plan” costs several times more than using a privateinsurer. A friend of mine was recently quoted $5000 a year.
😬