Scary, but a few large insurance companies have pulled out of California due to all the wildfire disaster and other disaster claims. Allstate and State Farm for starters.
Allstate no longer offering new policies in California due to wildfires, other costs (msn.com)
State Farm will no longer insure new homes in California, company says - ABC7 Los Angeles
What does this mean? It means when you're buying a home, you need to shop around for home insurance early, like as soon as an offer is accepted, you need to start getting quotes on the property to make sure it's insurable.
