And Texas. They are not writing any "Windstorm" policies either.
Insurance is nothing but a racket. They are no better than the trial lawyers on the other end of the spectrum. Pay premiums up the wazzo for years and never file a claim. Then when you file one, they give the finger salute and raise your premiums to make you drop their policy or they give you notice they are cancelling your policy. Yet none of these big insurers are anywhere close to being in the red, nowhere close.
FOr insurance to work, the total you receive from them in claims has to be less than the total paid in in premiums.
Since almost any complete loss of a house will far exceed the amount paid in by the homeowner in their entire lives, it is clear that most everybody else should feel "ripped off" by their insurance. For example, if you are paying 1000 a year (I used to be less than half of that, and I don't think I'm that expensive yet), and you pay for your entire life, that's less than one hundred thousand dollars, and you'll collect a lot more than that if your house burns down.
I think I'm even ahead right now with my car insurance, having totalled a brand new car two years ago and getting the full retail price out of my company. I'm also even with my homeowners, having gotten money to repair hail damage a couple of years ago, it wasn't that much but as I said I haven't paid that much.
But if you think the insurance company is ripping you off, just don't buy insurance, or find another company. It would be EASY to do so, if the states weren't so over-regulating the industry which makes it hard for small companies to break into the business.
They keep trial lawers in business.
I don't know about that. I had some very minor water damage and my company couldn't have been more accomodating. Granted, it wasn't a major problem or some great local disaster, but they treated me like a customer.