Since every wildfire or flood we have in this State is blamed on climate change, they just need to EXEMPT all climate change related claims from any coverage.
I assume this is how they calculate rate increases in the rest of the US.
Allstate. Good luck getting them to pay when you have a claim.
The purpose of being an insurance company is to make a profit. If there is no profit then there is no point in being in business.
The banks require insurance on the properties for which they hold mortgages.
All State is maneuvering to force banks to be politically active in the Marxist state of California and eliminate unprofitable populist controls on profits.
I have California Casualty - not sure if you need to be a state employee to access. They are extremely responsive - I’ve been hit twice and was able to get the car into an auto body shop that day, got a rental car easily and they paid out quickly. Have been very happy with their auto service.
Home insurance, however, has gone up by a lot - my neighbor’s went up so much he called and asked what was going on - he’d filed no claims (this is Farmers) - he was told because there were so many claims filed for flood and fire all over the state that they had no choice but to raise everyone’s rates.
In addition to natural catastrophes, the catastrophic models should be tuned to include the impact of catastrophic legislation because of overzealous ideologues in Sacramento.
Bingo