“Going back to Cali.....I don’t think so. Wow.... “
It will not be just Ca. This is going to reset pricing across the whole market. All the insurers everywhere will jump on the price fixing wagon and raise theirs up also across the board and whole industry.
You can bet on it... They always do...
I’ve heard that up to 15% of Florida’s homeowners have just given up trying to insure their homes. They’re uninsured. If you don’t have a mortgage, you can do it, and given that the insurance companies generally find a way out of paying claims, they might as well save their money and pay for any issues themselves.
I gave up on State Farm homeowner’s insurance a long time ago. Now with those losses in Ca. I bet they will try to make it up even through those who have had no claims in other states. This is not right.