7 Jun 2023 10:22 am
on what value home???? The average was probably $2000 or so . When Insurance companies that were well over 100 years old, suddenly go out of business, it
means that $4000/yr isn't enough. People just don't understand. Insurance companies can NEVER lose money over any period of time. When they do, they are gone. And hopefully some other company is willing to buy up that book of business, or the policy holder is pretty screwed.