‘It’s just a terrible market’: major insurers cut back in California, leaving Richmond homeowners in the lurch

By Daniel Hennessy | March 6, 2024
A close up of the first sheet of a home insurance policy, which is on a table in front of an open laptop, a pair of black-rimmed glasses are folded on the paper to the right and two black pens sit on it to the left.

If you’re a California homeowner, it may be time to take a look at your insurance policy.  After seven major insurance companies have restricted their business dealings in the state, policy holders are footing an exceedingly expensive bill. At Richmond’s Atchison Village, residents found that out the hard way.  “Six weeks ago, we just thought…

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