We've seen this many time before. Seems just about every year or so, a huge chunk of California goes up in flames and smoke. For all we know, the house pictured above may have been burned down and rebuilt more than once, thanks to sufficient fire insurance.
I am waiting for the insurance companies to remove fire protection for Southern California residents from their homeowners insurance policies, since it has become a fact that fire is a real and present danger to a California homeowner.
You know, like they won't insure against floods in areas where there is a real potential for water damage? Let the government (the taxpayer) handle that burden.
Actually, I'm a bit surprised they haven't done so already. But don't think that removing fire protection from homes in an area that repeatedly suffers from major fires will reduce your insurance policy costs anymore than not insuring against floods has reduced your insurance costs. That's not the way the insurance companies play the game.
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