this post was submitted on 01 Jan 2025
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California

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Basically: they're requiring insurers to cover everywhere, but in exchange, they're allowed to use a catastrophe model to estimate the risk for fire-prone parts of the state, and charge rates which reflect that risk.

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[–] zer0squar3d@lemmy.dbzer0.com 1 points 7 months ago

Ty for summary!