State Farm discontinuing 72,000 home policies in California in latest blow to state insurance market

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State Farm discontinuing 72,000 home policies in California in latest blow to state insurance market
apnews.com

State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state 

The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t renew the policies on 30,000 houses and 42,000 apartments, the Bay Area News Group reported Thursday.

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If you can't afford to live somewhere, then you have to go somewhere cheaper.

It's part of supply and demand and you're not exempt from it, despite how entitled you may feel.

You're also stereotyping which shows your lack of experience outside of major cities. Most of your fear comes from what you do not know or understand.

Unfortunately, you are already too far gone. For you to make better financial decisions, you'd have to admit you're wrong; and nobody wants to do that.

Good luck waiting for other people to solve your problems. I'm sure that will work out, eventually.

Sorry fella, you replied to your strawman version of me instead of the real thing.

Not really. I just said things you don't like so you pretend they're not relevant.

I see it all the time from people like you.