▲ | Folcon 12 hours ago | |
Don't people who live in higher risk homes already pay higher premiums? Do you believe that's not the case? Or that insurers are giving them discounts? Or are the risks miscalculated? | ||
▲ | Insthrowaway 9 hours ago | parent [-] | |
I'm in the industry: regarding California,the answer is that they aren't paying high enough premiums. Regulators have refused to allow catastrophe modeling to set rates, so fire prone areas are effectively getting a discount. |