@[email protected] to CaliforniaEnglish • 13 hours agoCalifornia Mountain Towns Are Too Risky for Insurers, but Residents Want to Staywww.nytimes.comexternal-linkmessage-square9fedilinkarrow-up114arrow-down10
arrow-up114arrow-down1external-linkCalifornia Mountain Towns Are Too Risky for Insurers, but Residents Want to Staywww.nytimes.com@[email protected] to CaliforniaEnglish • 13 hours agomessage-square9fedilink
minus-square@[email protected]OPlinkfedilink2•11 hours agoHow do you propose to make insurance affordable in a community where the risk of it burning to the ground is, say, 5% in any given year?
minus-square@robocalllink1•10 hours agoDoes “burn to the ground” mean exclusively by wildfires or include arson/kitchen incidents/electrical incidents? Either way, the insurance companies need to be less greedy.
minus-square@[email protected]OPlinkfedilink1•10 hours agoJust wildfires; the routine home accidents have a low enough annual risk that they’re insurable at an affordable price.
How do you propose to make insurance affordable in a community where the risk of it burning to the ground is, say, 5% in any given year?
Does “burn to the ground” mean exclusively by wildfires or include arson/kitchen incidents/electrical incidents?
Either way, the insurance companies need to be less greedy.
Just wildfires; the routine home accidents have a low enough annual risk that they’re insurable at an affordable price.