Not only are they getting shafted by the insurance companies local news in LA said they have to have new sewers installed in the fire areas at $2.000.000 per property owner.
We know the city or stat don’t want the property huh Moe.
There’s was a comedian podcaster that talked about this and in the coastal areas they had septic systems & the state is requiring sea walls & other regulations before a building permit is even issued!! His number was in line with yours. I was sweating when we sold our last house because I thought I would have to have a $20,000 system installed since we didn’t have the land for extended laterals. The $20k system allows you to dump liquid into a drainage ditch & into streams.
If I were an insurance company, I would likely leave the California unless I could raise rates considerably and profitably. I trust insurance companies more than the state government of California…….but only by a little.