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TopicState Farm no longer offering home insurance in Cali because people use it
Jagr_68
05/30/23 1:30:43 PM
#21:


opopopza posted...
Did you even read the article? They have too many houses insured in a particular region, so they are no longer accepting any new policies. This is pretty normal and standard.

Places with regular natural disasters will see this more and more as climate change gets worse. If an entire neighborhood gets destroyed in a fire or hurricane, and you've chosen to insure the whole neighborhood, you are in serious trouble.

Don't excuse them for their clown world approach to business where TOO MANY CUSTOMERS damages their profit margin.

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