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California will require insurers to offer home coverage in wildfire-prone areas
- tencentshill 2y agoFlorida uses "hurricane deductibles" to cover coastal homes regularly threatened by hurricanes.
- downrightmike 2y agoCool, so the rates on all the other insurances the companies offer nation wide will sky rocket even further. Time to start building vertical California. We can't afford your blunder.
- apothegm 2y agoSo just like in FL, they’ll abandon the state. And insurance for everyone will skyrocket as those few insurers who do decide to stay have to raise rates through the roof in order to avoid bankruptcy.