🧵Q: Should homeowners get credit on their policies for home hardening?
A: You get no credit for it in the decisions the insurance companies make when they write or renew your insurance. That’s really outrageous.
www.dailybreeze.com/2025/04/07/c...
#Fire #Wildfire #Insurance #FairPlan #CalFire #CA
Karl Susman talks about the California FAIR Plan and its claim payouts. With increased payouts, insurance rates will rise on a sliding scale based on risk. Residents in high wildfire zones will pay more than those in lower risk areas. #FAIRPlan #CaliforniaInsurance #InsuranceClaim #InsuranceHour
CA’s insurance market is in crisis.
Wildfire risks push more homeowners to the FAIR Plan—but can it survive?
AB 226 may keep it stable with state-backed bonds.
With enrollments up 500%, action is urgent.
#FAIRPlan #Wildfires #Insurance #RiskManagement #California #ClimateResilience #HireyApp
Can the California FAIR Plan pay all the claims? Will it have enough money? #FAIRplan #insurance #wildfire
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
www.insurancejournal.com/news/west/20... #insurance #fireinsurance #fairplan #cafairplan #palisadesfire #eatonfire
🧵4: Altadena residents fear rising costs & potential insurance gaps as the state grapples with billions in fire claims.
#FAIRPlan #Insurancecosts