Insurance giant State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer.

State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state

The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t renew the policies on 30,000 houses and 42,000 apartments, the Bay Area News Group reported Thursday.

  • redditsuckss
    213·
    8 months ago

    Lol. I love how you start off with an insult. Really shows your rational approach to the subject.

    My point still stands. If you can’t afford where you currently live, you need to move somewhere cheaper.

    If those cheaper locations aren’t good enough for you, then why should you get more before the people who live there? You can’t afford it. They can’t afford it. But you think you’re entitled to it before they are.

    Rather than move and improve these places, you think you’re entitled to live in areas you cannot afford.

    You think supply and demand doesn’t apply to you and other people should foot the bill for your entitlement.

    And of course, you get mad and throw a tantrum at anyone who calls it out. This is why you started off your comment by calling me a “stupid fuck”.