California Bill Addressing Property Rates in Wildfire-Prone Areas Awaits Hearing

By | August 11, 2020

  • August 11, 2020 at 6:49 pm
    Observor says:
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    The bill actually allows people who own homes in severe brush areas the ability to save money. Currently, they can only purchase a full insurance policy from a non-admitted market. This bill would make more admitted markets available to them. It saves them money in the long term.

    As a consequence, it also allows homes in these areas to hold more of their value without subsidization of tax payers.

    • August 13, 2020 at 12:22 am
      okt0ber says:
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      Lets not bog down Californians with market logic. You know they don’t believe in that sort of thing. Ha.

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