That Luxury Home Comes With an Ocean View—and Surging Insurance Costs
The Wall Street Journal, Oct. 1, 2024-Gina Heeb
Ryan Harper and his wife decided to sell their Santa Clarita, Calif., mansion last year after the insurance premium on it nearly tripled. An exodus of home insurers from the state had left them with a state government insurance policy, as well as a supplemental private one, that cost more than $7,000 a year.
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