So here in California it is a similiar issue, excpet its wildfires. Here in the foothills of the Sierra Nevada everyone finds themselves dropped—and Lord help you if you have a mobile home...
So, its the California FAIR Plan, funded in part by insurers in the state, at least those that remain. Anyway, insurance is upwards of 2K a year these days. And inspectors come out to demand changes to your honme and property (Fair enough—I suppose)
Before we lost our insurance and had to resort to the Fair Plan, we were paying $2K /year so w aren’t really paying any more, but its not like the mere few hundred dollars we used to pay days gone buy.
“Anyway, insurance is upwards of 2K a year these days”
How about $6k for 1,100 sqft?
California wildfires, compared to similarly forested areas elsewhere in the country, are more destructive because of ‘green’ forest management policy. They choose not to do things shown to reduce risk and size of wildfires elsewhere. And then when huge, expensive, fires result the California judicial system jumps all over any large pile of cash it can remotely blame. When the real blame, if any, belongs to Sacramento, its green lobbyists, and their federal government allies. The only business model that makes sense then is to exit the California market.
If you think wildfires are bad, what happens when the big earthquake hits California?