Updated over 6 years ago on . Most recent reply
- Realtor, General Contractor, and Developer
- Redding, CA & Bend OR
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WOW! Fire & Ice! CA is getting pummeled.
We're back in CA, just in time for the snow storm. It was just a foot of snow, but the devastation to the drought stricken trees was enormous. Here's a photo of a family members house, just as it was being rebuilt from being burned down last summer. The costs to insurance companies on all of these losses makes one wonder what effect it will have on insurance in the future.
Before the fires insurance companies were already refusing to issue new insurance or drastically raising prices on many areas of CA. Now with this, I can only imagine what it will do to new buyers, etc. What do you think? Are insurers all going to pull out of states like CA, FL, LA, and the eastern states that are hurricane prone?
These are just a few of the photos. Every fence was knocked down. There are about 20 of the large trees. The photos don't get the point across as well as seeing it. It looks like a bomb went off in the middle of the property.
- Karen Margrave
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We've already had major insurance companies pull out of Florida due to hurricanes. State Farm, Prudential off the top of my head, but I'm sure there are others...