Source: New York Post
California’s home insurance crisis is spreading far beyond fire-prone mountain communities — with suburban homebuyers now being forced to choose between bare-bones coverage and policies carrying eye-watering deductibles in the five digits. Tech worker Alex Hwang learned that the hard way this summer while trying to close on a roughly $700,000, six-bedroom home in Menifee’s Cimarron Ridge development, the Los Angeles Times reported. The new neighborhood sits among scrub and rolling hills rather than the heavily forested terrain typically associated with California’s most destructive wildfires.
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