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News@lemmy.worldEnglish · 2 days ago

Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire

www.cbsnews.com

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Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire

www.cbsnews.com

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News@lemmy.worldEnglish · 2 days ago

About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

Perhaps the most interesting part of the article:

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jaybone@lemmy.world
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22 hours ago
Right, but the quote from the article specifically says mortgages will be unavailable. So forget about insurance and mortgages. (If we follow that line of thinking.) so I assume that means only cash buyers.

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