They're not referring to rating one house differently from another. They already do that. What they mean is that insurers are going to be allowed to choose which houses to insure and which ones to not insure. That's bad for consumers. Currently, if an insurer writes home insurance, they have to at least provide a quote for any property that meets their policy definitions.
That’s already happening, last 2 policies I’ve had required a home inspection, AFTER I had already paid the policy in full.
Went online and their reviews were terrible, many people complaining of paying the policy, then getting cancelled a couple of months later after the inspection.
They want to make sure the roof and water heater are below a certain age.
In my case they tried to get me to replace the hot water heater because it was 9yrs old, and 10 is a hard no.
But they “let me slide” because it’s in the garage.
