monik7 wrote:Unfortunately I’ve tossed my most-recent billing. Sorry. I will certainly save it when it comes next month and share it with you.
Sandi
Thank you, Sandi. Much appreciated!
Ladies, this whole topic is being very informative to me.
Maybe time to branch out a bit?
Another thing that is going on in California is that many of the large insurance companies that insure automobiles and homes are leaving the state due to the high - and increasing - risk of natural disasters here.
It seems I am blasting all of you with fire news every summer. In addition to wildfire, California is also prone to flooding, earthquakes, and damaging windstorms.
Hey, Sue, you might be interested in this one:
State Farm, one of the largest insurers in the state (I have been insured with State Farm for about seventeen years, both my auto policy and my Homeowner's policies) has just requested a 30% rate increase for Homeowner's Insurance
, 36% for condo policies and a 52% increase in Renter's Insurance.
https://www.nbclosangeles.com/news/california-news/state-farm-looking-raise-insurance-rates-california-again-see-how-may-affect-your-policy/3454542/Further, I just spoke to my State Farm insurance agent, and was told that State Farm
will not be writing any new policies in California. Further, I am reading that State Farm will be cancelling (or has already cancelled) 72,000 policies here in California.
When I asked my agent, specifically, if any prospective buyer of my current home could somehow also assume my policy, I was told "no". And that State Farm would not be writing a new policy on my home.
Geez. This is taking things to a whole new level of thinking. How can I sell my home if it can't be insured, or can only be insured at a greatly increased rate?? Hopefully, there are other companies that will insure my home. . .possibly at a greatly inflated rate. But I haven't yet looked into that!!
Anne