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Message |
    
Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 4213
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Sunday, September 24, 2023 - 6:49 am: |
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this is not one state problem. just California lo issue ante companies will exit and move on. ayina business world lo prathodu will hate california but will continue to do business there ki ki
Florida grew up big and property values exploded. Akkada calif ni minchi bokka padutundi. Probably same with texas also
root cause is last 3 years lo anything you own has become expensive and insurance has responded similarly. biden gadiki induke bhayankara bokka padabotundi |
Medical_miracle
Kurra Bewarse
Username: Medical_miracle
Post Number: 3576
Registered: 08-2020
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, September 23, 2023 - 9:36 pm: |
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Thanks to california. Insurance comanies making huge writeoffs in california because of greedy home owner making claims for every dent and hit. statefarm and allstate already exited entire california. travellers already implimented cap on new policy issuance and on edge of leaving. only small insurers exist in california now.
my friend works in one of famous insurance corporate VP office. he clearly told they hate to continue in california. they don't want to even issue auto policies in california. he told they put caps on every new policy on how much they can insure. |
Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 4212
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Saturday, September 23, 2023 - 11:50 am: |
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internet lo ekkada choosina tellolla godava, insurance is high ani
Enda ani chooste, idi oka bombayi market
1) prices doubled in last 3-5 years. That causes insured value to grow higher. 400k house 1 million ayindi ani chankalu guddu kuntaru, but insurance vadu daniki taggattu adjust cheste 3k home insurance becomes 7k 
2) raboye kalam lo inka peruguddi. govt nunchi private banks varaku are doing climate analysis. vallu simple ga konni numbers shuffle cheste, idi risky area ani declare chestaru
flood insurance used to be cheap, yearly 500 ki coverage vachedi, now moderate or high flood score places lo it's almost 3k
raboye kalam lo it will be common to see car value 10k, annual insurance 2k. oka ticket or god forbid at fault accident ayinda you will be on hook for 7 years  |
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