Posted on 01/23/2025 11:15:41 AM PST by Angelino97
This will put downward pressure on CA home prices.
In the latter case, as soon as we get a new roof and siding, we will be self-insuring.
The kinfolk said
Jed, move away from there.
So they loaded up the truck
and moved out of Beverly.
Wildfires, mudslides, earthquakes,
regulations, leftist pols.
Equine feces. Both the Tubbs Fire in Santa Rosa and both fires in LA (Eton and Pacific Palisaides) were started by wildland fire, but proceeded as URBAN fires.
Mobile Homes are all the rage in California now...
California is really gonna take it in the chops when everyone who was hit with a 100 dollar parking ticket for parking next to an empty fire hydrant demands their money back.
Yeah, but you know they’re not getting their money back.
It’s still fun to think about. LOL.
The same logic behind California’s home insurance bloated regulations and the FAIR plan applies to America’s health-care system:
Cost shifting from high-risk, high cost and often no-money patients, to everyone else - and government, of course.
Yeah I’d be surprised if rates don’t skyrocket across the entire nation...
It would almost certainly be cheaper to create an “In case of fire” system for your home that ensured it was doused by your own water source, and built from fireproof materials.
It’s always better to not need insurance than to end up needing it. And if you take responsibility for your own fire protection, it may be cheaper too.
With the current politicians in power Insurance companies had better figure a 10year payback on policies.
There will be even more.
Mobile Homes can be moved in under 90 days, takes 7-10 years to build a house in California...
“Yeah I’d be surprised if rates don’t skyrocket across the entire nation...”
Gonna happen fer shur because that is what insurance is about-spreading the cost of individual losses across the policy holders as a group. So big losses in CA will be spread out over everybody else in the form of higher premiums. The smart insurance companies don’t sell policies in FL or CA.
Arson. We need death penalty for arson.
I’m glad my insurance company does not do business in California (or the Gulf Coast).
I must have had my California foothills home teleported to Florida. I pay over $7800 a year.
California comes in second.
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