▲ | Folcon 3 months 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 3 months 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. | ||||||||
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