State Farm dropping California homeowners from their insurance (2024)

It's not going to be pretty. As climate change does more damage, companies will whine prices need to skyrocket. But it's not like theyre going to use the money to prepare for the worst, they will pay it all out to investors and run away / force you into legal battles to get your insurance.

They definitely have "force majeure" clauses but that can't cover everything the earth has in store for us this year. At what point is it not "foreseeable".

US government toward southern states: “You can buy cheap flood insurance from us”

US government toward western states: “I hope you like expensive free-market fire insurance”

insurance companies have been boasting record profits too. dont trust them

Liberty mutual pulling their auto insurance out of California too the fuckers Dropped me And told me to go get other insurance