▲ 1 r/Insurance
My policy renewal arrived and the bold print states:
This policy is not covered by the California Insurance Guarantee Association, and therefore, the California Insurance Guarantee Association will not pay your claims if the CEA becomes insolvent and is unable to make payments as pro used.
What are the chances of the CEA becoming insolvent? Who is watching the hen house?
u/Callmesusan2 — 10 days ago