California is inhabited by 40 million people, more than half of whom own a home.(1) Since 2023, prospective homeowners have hit a roadblock in taking out a mortgage because insurers wouldn't take the risk of insuring their homes and Prop 103 prevented...
1. Financial Losses of the Home and Belongings Repairing a home is expensive. Construction requires expensive materials and labor, both of which currently are at inflationary highs in pricing.
