How does the insurance thing work?
(my broad understanding is that property insurance is a relatively functional market where they won't underwrite a policy that doesn't make sense)
(my broad understanding is that property insurance is a relatively functional market where they won't underwrite a policy that doesn't make sense)
I wouldn't be surprised to see wildfires go a similar route in California if the situation isn't resolved.
As someone else said, it's easy to have either extremely high insurance rates or unavailable insurance if you live in the wrong area on someone's map. The result was FAIR plans with add-ons from insurance companies.