I got the 411 on why many of the destroyed homes in CA aren’t insured against fires. Apparently State Farm said basically due to the frequent nature of fires and the houses in CA value, prices would have to be raised to a certain amount
But CA has rules in place that insurance can only charge so much. So State Farm said we can’t insure these houses because it will cause our financial ruin
I will admit, State Farm has come in clutch for me when I needed them for auto or home. But I will also admit, I have paid them more than they have paid me by far, and I still generally don’t trust insurance companies, not by a damn sight
So my feelings are mixed
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