I am afraid that my homeowners insurance is going to go up big time.
That or canceled.
I am afraid that my homeowners insurance is going to go up big time.
I bet the looters are shaking in their Air Jordans after they watched the 6 pm pst news conference and heard LAPD chief say "looters will be arrested and prosecuted to the fullest extent of the law."Light a fire, wait for Evac order, Loot
CA= 3rd world country on steroids
Thanks to insurance company lobbyists and campaign contributions, insurance companies are incorporated in each state. This allows an insurance company to declare bankruptcy in one state or simply pull out without affecting the larger corporation. Then the insurance liability falls on the taxpayers. So in effect they are all uninsured properties.I wonder if the next shoe to drop will be covering all of the uninsured structures?
I bet the looters are shaking in their Air Jordans after they watched the 6 pm pst news conference and heard LAPD chief say "looters will be arrested and prosecuted to the fullest extent of the law."
California fullest extent of the law is "catch and release"Is that just for this week? Theives are going to get so confused
Biden says feds will cover 100% of fire response costs in Southern California
"I told the governor and local officials, spare no expense"
the president urged Congress to "step up." "I'm going to make an appeal right now to the United States Congress," he said.
"To the firefighters and first responders, you are heroes." <I didn't hear any of that when some got fired over the covid vax>
Looking at it from a different angle than the North Carolina comparison, this "free" money will come from deficit spending, which will add to inflation. That means we will all be robbed to bail out Newsom, the incompetent DEI leaders in LA, and all the idiots who voted them in. I wonder if the next shoe to drop will be covering all of the uninsured structures?
Man saved his own home .. that his father built in 1960 ..
stated he saw NO fire fighters, and that had there been fire fighters active there they could have save the houses near him as each house caught fire with a simple ember ..
In California, when there are significant changes like a new build or major renovation, a reassessment is required to determine the property's new value. The Los Angeles County Assessor's Office evaluates the changes to the property, appraising both the full market value of the property (land and improvements) and the market value of the land alone as of the date of construction completion. The value of the new improvements to the property is determined based on these appraisals
I heard from a talk radio host yesterday that Newlittle vetoed a bill that would allow the insurance companies to raise rates according to new risks or increased risks (winds, drought, underbrush, staffing funds diverted to Ukraine, surplus equipment sent to Ukraine, etc.) so many have cancelled and/or pulled out of Kommiefornia.The insurance companies will go belly-up. No way that they can cover so many homes and businesses at once. Even if they do not go belly-up, then rates will increase dramatically all over the country to pay for it.