After a Sherman Oaks restaurant was left shaken by arsonists who lit a nearby dumpster ablaze, its owner is also left scrambling since its insurance carrier dropped their policy -- and it’s not the eatery in its area to experience this.but also with the search for a new insurance carrier after hers dropped their policy due to a repeat of robberies and property damage in the area.
According to Marsden, her insurance announced late last year that it is no longer insuring in California. Because of this, she said she is paying $44,000 yearly for liability insurance – up from $16,000 from just last year.
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