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Re: state farm requests home ins rate hike
- To: Noelle <noelle>
- Subject: Re: state farm requests home ins rate hike
- From: robert <http://dummy.us.eu.org/robert>
- Date: Tue, 18 Feb 2025 12:14:37 -0800
- Keywords: repeated hash http://dummy.us.eu.org/SRS0=bTNK=U3=alum.cal.org=noelle, http://dummy.us.eu.org/SRS0=bTNK=U3=alum.cal.org=noelle, http://dummy.us.eu.org/SRS0=bTNK=U3=alum.cal.org=noelle
This proposal has since been rejected by the regulator.
It's possible that State Farm will pull out of the state all together.
The Ca homeowners insurance industry is starting to look more and
more like the driver's insurance industry in Ma, leaving only
very small insurance companies left, which only provide catastrophic
coverage with very high deductibles. At that point, it will become nearly
impossible to get a loan to buy a house in Ca and cash-only sales
will be the only way to buy. This would also result in many credit unions
either leaving the state, consolidating, or going under. Unfortunately.
Climate change really sucks.