Stop in for a cup of coffee

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Or drop it off at a friends house for a few. I still don't see how a car creates additional exposure for the insurance company for a claim.
 
Or drop it off at a friends house for a few. I still don't see how a car creates additional exposure for the insurance company for a claim.
IMO they are just looking for reasons to not insure in CA. This is the company sending drones over back yards and canceling policy's based on what they see...
 
Insurance is tough today depends on where you live and all the etc…
I talked to my old regional manager for Farmers a few weeks back, all most all insurance companies right now are operating in the red in a lot of states. It’s not good considering that our premiums go into a giant pool of funds based in the stock market that allows insurance companies in the event if a default, to still guarantee payment.

What’s been quietly happening is they’ve been having to tap that pool
 
I talked to my old regional manager for Farmers a few weeks back, all most all insurance companies right now are operating in the red in a lot of states. It’s not good considering that our premiums go into a giant pool of funds based in the stock market that allows insurance companies in the event if a default, to still guarantee payment.

What’s been quietly happening is they’ve been having to tap that pool
CA is really bad because company's can only raise rates with permission from the insurance commission...
 

CA is really bad because company's can only raise rates with permission from the insurance commission...
Well the biggest part of problem is just how fast home prices have skyrocketed. Double or triple since 2019 in some cases. And insurance rates didn’t keep up and it’s killing them with total losses or even minor repairs
 
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