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To: FreedomNotSafety

State Farms played “smart business” here. They likely knew of the conditions in and around this area and decided it was not in their best interests to insure houses in a “high risk” area.


2 posted on 01/16/2025 11:34:43 AM PST by woweeitsme
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To: woweeitsme

“...not in their best interests to insure houses in a “high risk” area.” High risk is only high risk to an insurance company if they cannot collect premiums sufficient to cover losses. To a point high risk means more premiums and better profits.

I suspect that CA’s FAIR plan did it. That and lack of reinsurance.


5 posted on 01/16/2025 11:46:03 AM PST by FreedomNotSafety
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