News@lemmy.worldEnglish · 5 months ago

Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire

www.cbsnews.com

148

Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire

www.cbsnews.com

Track_Shovel@slrpnk.net to

News@lemmy.worldEnglish · 5 months ago

148

About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

Perhaps the most interesting part of the article:

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ColeSloth@discuss.tchncs.de
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5 months ago
Especially for the palisades $3,500,000 homes.

At $50,000 a year it would take 70 years of payments.

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