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A comment on State Farm to stop accepting homeowners insurance applications in California. Parent comment

Re:State Farm to stop accepting homeowners insurance applica... by KingMachiavelli on Saturday May 27, 2023 @08:38PM (#36099961)
Wouldn't insurance providers love getting 1 month of premiums with nearly 0 risk of any actual claims?
[ Parent | on HN ]
Re:State Farm to stop accepting homeowners insurance applica... by treis on Saturday May 27, 2023 @08:52PM (#36100027)
These companies have high customer acquisition costs and are almost certainly losing money on a one month policy.
[ Parent | on HN ]