Insurance companies were already refusing to insure for fire in the California foothills. I lived in the Gold Country foothills on the western slope of the Sierra. I sold & moved out in Dec 2004, but since then, my neighbors there have not been able to get fire insurance without making that a separate policy—like earthquake insurance-—or flood insurance.
We have fire insurance in a fire zone and it went from $900/year to $2600/year after several large close-by fires that destroyed hundreds of homes.
I can only image what it will be if we go through another round of fires.
> Insurance companies were already refusing to insure for fire in the California foothills. <
Easy solution. California should just pass a law forcing the insurance companies to write those policies. And California should set price controls, too.
(I was going to say ‘just kidding’. But the way California is today, they just might do it.)