Posted by Dan Waylonis
a resident of Jackson Park
on Oct 19, 2023 at 2:16 pm
Dan Waylonis is a registered user.

Once again, CA employs magical thinking that the state regulators can accurately price insurance. And when they're wrong, homeowners don't get an increased bill, they have their policy rescinded. I'm sure the state will scramble to create another winning insurance approach like the poorly named and poorly performing CA Earthquake Authority.

Posted by Steven Goldstein
a resident of Old Mountain View
on Oct 19, 2023 at 9:48 pm
Steven Goldstein is a registered user.

Sorry, but if property is overvalued, and in an unsafe location due to natural disasters, this make’s insurance companies refuse coverage and cancel policies.