Nor-Cal Villan Posted July 29 Share Posted July 29 16 minutes ago, Demitri_C said: How does the insurance work with this? If these houses repeatedly get fires how do they get insured? Good question. Not certain but I think, as with areas with regular hurricanes, floods, tornadoes, at first they reinsure at very high rates. Then if it continues they won’t insure at all. Big issues all over the country with insurance companies cutting off coverage in places with perennial issues. Long story short: it’s a mess. We’ve yet to have any issues at all regarding insurance but I bet many people living with 10-15 miles of me have Link to comment Share on other sites More sharing options...
il_serpente Posted July 29 VT Supporter Share Posted July 29 (edited) 58 minutes ago, Demitri_C said: How does the insurance work with this? If these houses repeatedly get fires how do they get insured? It gets harder to get coverage and more expensive. Where historically devastating fires with loss of structures were an occasional, if not rare, thing it's now pretty certain that insurance companies are going to be making big payouts somewhere in the state every year. Proximity to wooded areas and grasslands will figure in to rates and ease of getting coverage, as will other things such as type of construction. I live nowhere near anything that would be considered a fire risk zone, but a neighbor around the corner had their insurance company drop their coverage because they have a shake roof. Some companies are moving out of the market completely. California has an insurance commissioner who effectively has to approve rate increases by companies. They're now all claiming, probably with a fair amount of justification, that they can't afford to operate in the state without significant increases. They're starting to play hardball by pulling out completely or finding reasons to drop customers like our neighbors. I just learned the other day that there is something like an insurance pool that will guarantee that everyone can get some level of coverage even if no company will underwrite them, but it would be extremely expensive (e.g., tens of thousands of dollars annually). It's necessary, though, because if people couldn't get coverage for their homes nobody would be able to buy or sell a home in the state and the market would collapse. Edited July 29 by il_serpente sp 1 Link to comment Share on other sites More sharing options...
Nor-Cal Villan Posted July 29 Share Posted July 29 5 minutes ago, il_serpente said: It gets harder to get coverage and more expensive. Where historically devastating fires with loss of structures were an occasional, if not rare, thing it's now pretty certain that insurance companies are going to be making big payouts somewhere in the state every year. Proximity to wooded areas and grasslands will figure in to rates and ease of getting coverage, as will other things such as type of construction. I live nowhere near anything that would be considered a fire risk zone, but a neighbor around the corner had their insurance company drop their coverage because they have a shake roof. Some companies are moving out of the market completely. California has an insurance commissioner who effectively has to improve rate increases by companies. They're now all claiming, probably with a fair amount of justification, that they can't afford to operate in the state without significant increases. They're starting to play hardball by pulling out completely or finding reasons to drop customers like our neighbors. I just learned the other day that there is something like an insurance pool that will guarantee that everyone can get some level of coverage even if no company will underwrite them, but it would be extremely expensive (e.g., tens of thousands of dollars annually). It's necessary, though, because if people couldn't get coverage for their homes nobody would be able to buy or sell a home in the state and the market would collapse. I recently read an article, probably in NYT or WaPo, about places in Oklahoma & Arkansas where virtually no insurance companies will do business. Gist was that blue states have better insurance regulations and therefore those states are not getting as screwed by insurance companies as are red states, with little or no regulation. Link to comment Share on other sites More sharing options...
il_serpente Posted July 29 VT Supporter Share Posted July 29 26 minutes ago, Nor-Cal Villan said: I recently read an article, probably in NYT or WaPo, about places in Oklahoma & Arkansas where virtually no insurance companies will do business. Gist was that blue states have better insurance regulations and therefore those states are not getting as screwed by insurance companies as are red states, with little or no regulation. Quelle surprise! 1 Link to comment Share on other sites More sharing options...
Nor-Cal Villan Posted July 30 Share Posted July 30 3 hours ago, il_serpente said: Quelle surprise! You get what you vote for Link to comment Share on other sites More sharing options...
limpid Posted July 30 Administrator Share Posted July 30 9 hours ago, Nor-Cal Villan said: Good question. Not certain but I think, as with areas with regular hurricanes, floods, tornadoes, at first they reinsure at very high rates. Then if it continues they won’t insure at all. Big issues all over the country with insurance companies cutting off coverage in places with perennial issues. Long story short: it’s a mess. We’ve yet to have any issues at all regarding insurance but I bet many people living with 10-15 miles of me have I wonder if anyone has suggested that the insurance brokers operating in these areas could fund the fire service. Or would that be too "socialist"? Link to comment Share on other sites More sharing options...
sidcow Posted July 30 VT Supporter Share Posted July 30 3 minutes ago, limpid said: I wonder if anyone has suggested that the insurance brokers operating in these areas could fund the fire service. Or would that be too "socialist"? Whoa. Why should brokers pay? They're not rating or providing cover! Link to comment Share on other sites More sharing options...
limpid Posted July 30 Administrator Share Posted July 30 2 minutes ago, sidcow said: Whoa. Why should brokers pay? They're not rating or providing cover! Wrong word from me Link to comment Share on other sites More sharing options...
sidcow Posted July 30 VT Supporter Share Posted July 30 1 minute ago, limpid said: Wrong word from me Sorry. I get touchy! 1 Link to comment Share on other sites More sharing options...
Nor-Cal Villan Posted July 30 Share Posted July 30 6 hours ago, limpid said: I wonder if anyone has suggested that the insurance brokers operating in these areas could fund the fire service. Or would that be too "socialist"? The fire services are already massively funded by the state. I don’t think anyone is suggesting or has ever suggested that Cal Fire is underfunded If anything should be funded it should be a movement to reduce the number of homes built in fire-vulnerable areas 1 Link to comment Share on other sites More sharing options...
Rugeley Villa Posted July 30 Share Posted July 30 Hafan Y Mor …. Any good ? Going there Friday for a wik . Snowdonia only 13 miles inland so climbing that Monday. Link to comment Share on other sites More sharing options...
Rugeley Villa Posted July 30 Share Posted July 30 12 hours ago, sidcow said: Whoa. You crack me when you get all Whoa…… you’ve done it in a number of posts and it makes me laugh when I read it for some strange reason Link to comment Share on other sites More sharing options...
Demitri_C Posted July 30 Share Posted July 30 (edited) 21 hours ago, il_serpente said: It gets harder to get coverage and more expensive. Where historically devastating fires with loss of structures were an occasional, if not rare, thing it's now pretty certain that insurance companies are going to be making big payouts somewhere in the state every year. Proximity to wooded areas and grasslands will figure in to rates and ease of getting coverage, as will other things such as type of construction. I live nowhere near anything that would be considered a fire risk zone, but a neighbor around the corner had their insurance company drop their coverage because they have a shake roof. Some companies are moving out of the market completely. California has an insurance commissioner who effectively has to approve rate increases by companies. They're now all claiming, probably with a fair amount of justification, that they can't afford to operate in the state without significant increases. They're starting to play hardball by pulling out completely or finding reasons to drop customers like our neighbors. I just learned the other day that there is something like an insurance pool that will guarantee that everyone can get some level of coverage even if no company will underwrite them, but it would be extremely expensive (e.g., tens of thousands of dollars annually). It's necessary, though, because if people couldn't get coverage for their homes nobody would be able to buy or sell a home in the state and the market would collapse. Sounds really tough. We are quite lucky in the uk we dont have this issue right now We mainly only get flooding and a occasional storm Edited July 30 by Demitri_C Link to comment Share on other sites More sharing options...
Demitri_C Posted July 30 Share Posted July 30 I have to say a Indian mango is the hardest **** thing to peel. Its my favourite fruit but I always get a squirt attack and make a mess eveeywhere . Its such a pain the arse to peel Link to comment Share on other sites More sharing options...
Popular Post chrisp65 Posted July 30 Popular Post Share Posted July 30 9 minutes ago, Demitri_C said: I always get a squirt attack and make a mess eveeywhere . Its such a pain the arse 3 6 Link to comment Share on other sites More sharing options...
one_ian_taylor Posted July 30 VT Supporter Share Posted July 30 1 minute ago, chrisp65 said: Someone had to 2 Link to comment Share on other sites More sharing options...
sidcow Posted July 30 VT Supporter Share Posted July 30 (edited) 38 minutes ago, Rugeley Villa said: You crack me when you get all Whoa…… you’ve done it in a number of posts and it makes me laugh when I read it for some strange reason Whoa. Settle down Champ. Edited July 30 by sidcow 1 Link to comment Share on other sites More sharing options...
sheepyvillian Posted July 30 Share Posted July 30 Anjem Choudray given a life sentence with a 28yr tariff. Apparently, he was "rocked on his feet." I bet he was. Link to comment Share on other sites More sharing options...
Demitri_C Posted July 30 Share Posted July 30 14 minutes ago, chrisp65 said: You bastard 1 Link to comment Share on other sites More sharing options...
Rugeley Villa Posted July 30 Share Posted July 30 14 minutes ago, sheepyvillian said: Anjem Choudray given a life sentence with a 28yr tariff. Apparently, he was "rocked on his feet." I bet he was. That clearing in the woods still talking bollocks Link to comment Share on other sites More sharing options...
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