Don’t worry folks, because of the California FAIR Insurance Plan,TAXPAYERS will pick up the COST of rebuilding their homes.
Our State Government leaders have ALL Publicly Proclaimed that these Wildfires are a consequence of Global Warming, and will continue to happen.
Should Insurance Companies FIGHT these claims as a Foreseeable, Expected Event and DENY COVERAGE???
If they were “Foreseeable, Expected Events” they should have denied coverage, but cannot avoid paying claims on existing policies. If insurance companies won’t insure homes in dangerous locations, banks won’t finance them and builders won’t build. If California laws require writing such policies, expect everyone’s rates to increase.