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California

Auggie

(31,909 posts)

6. Maybe

Reply to lapfog_1 (Reply #1)

Thu Feb 15, 2024, 11:10 AM

Feb 2024

There's no evidence cited in the article to support that claim. Do insurance divisions operate autonomously? Or is it one big bottom line?

Allstate DID suspend the selling of new homeowner policies in the state last summer. They could just as easily raise rates on existing homeowner policies to cover losses in high-risk fire zones.

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One of California's largest auto insurers hikes prices 30% [View all] Auggie Feb 2024 OP

They are using one group of customers lapfog_1 Feb 2024 #1

Does full coverage insure against cars damaged or destroyed in disasters? That's probably part of it. brewens Feb 2024 #3

average cost to replace a burned to the ground house far out weigh the cost to replace a vehicle. lapfog_1 Feb 2024 #5

Maybe Auggie Feb 2024 #6

I am in the Bay Area, and from my anecdotal observations, people are driving faster, taking more JohnSJ Feb 2024 #2

I believe medical care increase is one of their excuses. quaint Feb 2024 #4