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Article #21597

Re: California Homeowner's Insurance

#21597
From: Richard Ottolini
Date: Mon, 25 Jul 1994 23:52
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In article <3111rb$rqp@hsc.usc.edu>, Jon Parro <jparro@hsc.usc.edu> wrote:
>There was a posting here about the crisis in California homeowner's
>insurance with the proximate cause being the Northridge earthquake.
>We've just entered escrow and are wondering how serious the problem
>of obtaining insurance is.  Any comments?

Besides the usual several months moratorium on new policies by all companies,
20th C?pentury announced it was leaving homeowners insurance in two years
and State Farm (or Farmer's) said it was raising the deductable to 40%.
(The traditional deductable is 10%).
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Path: arc1-ca.pugleaf.net!nntp.gmd.de!newsserver.jvnc.net!rutgers!usc!cs.utexas.edu!swrinde!ihnp4.ucsd.edu!mvb.saic.com!unogate!stgprao
References: <3111rb$rqp@hsc.usc.edu>

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Newsgroups: ca.general,misc.invest.real-estate,misc.consumers.house
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From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: California Homeowner's Insurance
Message-ID: <CtIszB.GLx@unocal.com>
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References: <3111rb$rqp@hsc.usc.edu>
Date: Mon, 25 Jul 1994 23:52:23 GMT
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