That’s correct.My understanding is it wasn't an outright refusal, it was that they weren't allowed to raise rates, and then when they couldn't raise rates to compensate for the risk, they declined to write coverage. Happy to be corrected if that's wrong.
Hopefully everyone is able to get out of the way of the fire and the value of the damage is going to be extraordinary. Must like the tragedy in NC I am afraid much of the damage will not be insured.Fubar. Goodness gracious.
Fubar. Goodness gracious.
Prayers for your family, all of the residents and 1st responders.My nieces and nephews are living out there. And I can’t get in touch with them. I’m praying for them and hope they are safe.