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1 posted on 05/27/2023 4:50:29 AM PDT by DFG
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To: DFG

Who would want to buy a house that cannot be insured?

When the earthquake and fires come, all those Californians will be left hanging?


2 posted on 05/27/2023 4:53:40 AM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: DFG

Every insurance company should pull out of California . Risk is too high.


3 posted on 05/27/2023 4:55:21 AM PDT by EQAndyBuzz (The Democrat Party - Dumbing Down America Since 1965.)
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To: DFG

No One is buying SF’s overpriced insurance.


4 posted on 05/27/2023 4:57:11 AM PDT by chopperk
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To: DFG

Without insurance there is no mortgage.


5 posted on 05/27/2023 4:58:12 AM PDT by Mashood
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To: DFG

Atlas Shrugged


6 posted on 05/27/2023 4:59:22 AM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: DFG

I wonder if this is already happening in Oregon and Washington as well and due to the appalling social problems in those states that are probably that far worse in California (witness San Francisco and Los Angeles).


7 posted on 05/27/2023 4:59:36 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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To: DFG

So if you currently own a home and want to sell, the new owners will be denied insurance from SF? There are others but this will certainly raise rates and give them reason to consider pulling out as well.


8 posted on 05/27/2023 5:00:59 AM PDT by albie
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To: DFG

My in laws live up near Lake Tahoe smack in the middle of fire country. There is exactly one insurance carrier that will write a policy and wildfire is specifically excluded.

L


9 posted on 05/27/2023 5:01:23 AM PDT by Lurker ( Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: DFG

Regardless of what State Farm says publicly (which they have to be very, very, careful about), there are only TWO possible reasons they are leaving, one neither has to do directly with ‘construction costs’:

1. They simply don’t know how to price their policies, given the whims of politicians in that state.

2. They are NOT PERMITTED to price their policies to cover the cost of doing business.

I suspect that the reason that they’re not dropping everyone is that there is some law in California that still leaves them on the hook for people they drop without cause, making it cheaper for them to run out the clock with existing customers.


10 posted on 05/27/2023 5:12:28 AM PDT by BobL
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To: DFG

Like a good neighbor. This protects customers from the other 49 states from carrying the costs that result from California’s over regulation and mismanagement of forests, the consequences being blamed on “ climate change”


11 posted on 05/27/2023 5:27:46 AM PDT by silverleaf (It’s not propaganda just because you disagree with it. )
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To: DFG

On a side note. Anyone else notice the State Farm commercials in Spanish recently?


13 posted on 05/27/2023 5:38:25 AM PDT by 3RIVRS
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To: DFG

Makes since to me. Business 101, loss vs profit.

California with it’s cesspool of immortality and tax/spend attitude will lead to more business loss.


14 posted on 05/27/2023 5:42:21 AM PDT by eartick (Stupidity is expecting the government that broke itself to go out and fix itself. Texan for TEXIT)
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To: DFG

So State Farm ain’t there?


15 posted on 05/27/2023 6:00:34 AM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: DFG


...or not!
16 posted on 05/27/2023 6:10:33 AM PDT by Tom Tetroxide
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To: DFG

I have State Farm for auto and home in Kansas. My parents did, as my siblings do. The only complaint is they replaced the original Jake with a black guy for woke reasons.


17 posted on 05/27/2023 6:25:04 AM PDT by peggybac (My will is what I wanted. God's will is what I got.)
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To: DFG

Maybe Gruesome Newsom and his Hollowoody pals should start an insurance company.


20 posted on 05/27/2023 6:49:51 AM PDT by FlingWingFlyer (Since O'Bama was ruling the roost, America has gone from melting pot to septic tank of the world.)
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To: DFG

First State Farm got rid of White Jake, now they’re getting rid of California...


26 posted on 05/27/2023 7:49:49 AM PDT by fieldmarshaldj (America Owes Anita Bryant An Enormous Apology)
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To: DFG
Whelp, there goes my plans to build my dream home in the Sierras. Wait! I never planned to build a home in the Sierras! Or anyplace else in that rat infested state!

Never mind.

27 posted on 05/27/2023 7:50:28 AM PDT by LouAvul (Daniel 4:17: "..the most High ruleth in the kingdom of men, and giveth it to whomsoever He will.." )
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To: DFG

Depending upon location and type/quality of materials/design, costs can be between $300 and $500 per square foot of new construction. Does not include land, permit fees, environmental review costs, ‘impact’ fees, school fees, special assessments, architect, etc. The only way it seems possible to break even or come out ahead on building in CA is to a.) have zero, or close to zero, land cost, b.) zero, or close to zero, construction cost, or c.) be a nationwide builder who can maybe, just maybe, eek out a small profit (or take a loss to gain a regional market share/legacy).


32 posted on 05/27/2023 8:37:59 AM PDT by drwoof
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To: DFG

so how many sf agents will go out of business or drastic reductions in income?


34 posted on 05/27/2023 2:46:23 PM PDT by rolling_stone
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