Cali is such a failed state that you can't even get home insurance anymore.
Archive: https://archive.today/NAlzA
From the post: "California's largest insurance company will stop offering insurance to 72,000 homes across the state due to the increased risk of natural disasters and the effects of inflation.
Coverage for the 30,000 houses and 42,000 apartments impacted will cease this summer, the Bay Area News Group reported.
State Farm General cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won´t renew the policies.
It comes just months after the insurance giant said it would also stop taking new applications for coverage from homeowners in the state. "
Cali is such a failed state that you can't even get home insurance anymore.
Archive: https://archive.today/NAlzA
From the post:
"California's largest insurance company will stop offering insurance to 72,000 homes across the state due to the increased risk of natural disasters and the effects of inflation.
Coverage for the 30,000 houses and 42,000 apartments impacted will cease this summer, the Bay Area News Group reported.
State Farm General cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won´t renew the policies.
It comes just months after the insurance giant said it would also stop taking new applications for coverage from homeowners in the state. "
(post is archived)