Right Street

California Lawmakers Move Toward Risk-Based Rates

By | May 28, 2020

  • June 4, 2020 at 5:11 pm
    Former Underwriter says:
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    Don’t we want to make the Wildland-Urban Interface a less-attractive area to live? Don’t we want to mitigate the effects of future forest fires by reducing the number of people who live in the area? This article talks about insurance being priced according to risk, but what about the costs to society? People who can’t afford Flood insurance shouldn’t buy houses in a flood zone, right?



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