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Buying Home and Auto Insurance Is Becoming Impossible
(www.wsj.com)
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this post was submitted on 16 Jan 2024
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CA and FL are hit with some kind of major event what? annually? or pretty damn close to it?
can you blame them for not wanting anything to do with it?
Interesting, though: the highest insurance rates are in the midwest - Oklahoma, Nebraska, Kansas. No one lives there, so the risk pool is smaller than big states like CA and FL, and you can't send firefighters to divert a tornado. We'll see if that holds up to climate change, bigger CA fires, and more frequent FL hurricanes.