'THERE IS NO MONEY': Casone comments on California home insurance crisis

[@hunterjones9822]

I will guarantee that when this is all said and done and it's election time in California they will vote in a way that demonstrates they have learned absolutely nothing.

[@jeffrey3498]

You mean the elections will continue to be rigged?

[@keithwolstenholme4238]

Amen!

[@BuenaMorena]

Did you see the election map...CA is turning red.

[@minuete82]

Once the rich folks rebuild and realize the headache of the regulations, they will change their tune.

[@heavymetallabrat]

The hilarity of that statement is that 80% or higher of the state is now red. Unfortunately, the entire state is getting outvoted by the cities on the coast in the bay area.

[@MillieJarvis-w3i]

How the hell do we give money to other countries if we don't have enough money for ourselves? What the hell is going on?

[@tommywilliams5135]

People voting blue

[@AnimalisMD]

10% for The Big Guy.

[@chinoskateboardv]

We don’t give out straight cash to other countries. We give food, aid, and more importantly, WEAPONS. Weapons worth millions, and over time, equal billions. Guns, missles, vehicles, etc.

[@JfjfffFrrr]

Welcome to Jwish people 😂😂

[@ameliac504]

misallocated funds

[@MillieJarvis-w3i]

California has the highest taxes of any state and gets the largest COVID subsidy. However, there is no money for emergency services. There isn't much to figure out.

[@gregorylyon1004]

California blows most of that money paying the 82 pension funds that exist in California for retired state workers. It's all about those free ride pensions, all paid for by the poor of course. LOL

[@itsatrap7215]

Remember the billions for the high speed rail that hasn't been built after like 15 years? I think all the politicians are corrupt and siphon the money to friends, family, and themselves via their friends and families "companies" that don't really do anything but take the money and pretend to do things.

[@sinjohnsmyth8301]

Pelosi crime family

[@uniqueme1976]

Corruption to the highest level.. 🤑🤑🤑

[@skf6199]

Not to mention that we are the 5th largest economy if compared to other countries. We have the richest corporations and some of the richest individuals. Yet the cost of living is ridiculously high for the average person. Newsom will write a check to cover these people’s loss because they are his donors. This state is a joke.

[@chrismedeiros3201]

Trying to rebuild those homes and businesses with California building codes is going to be a nightmare alone!

[@Boozeblues]

They won’t rebuild

[@AldousHuxley7]

Behind the green mask read it!

[@frankblangeard8865]

Many of these structures were more than fifty years old. Time to rebuild with more reasonable building codes or not rebuild at all.

[@namuhtsuj4025]

If you can find the trades. From what I understand, there’s very few residential construction workers left in California. I’m a builder in TN and there’s a lot of guys out here that moved out of California because there was no work left.

[@stevenmartin4889]

Trump was right about the enemy within.

[@benbowles8003]

SoCal fires were a PREVENTABLE tragedy: * 13,909 fires started by homeless individuals last year * ZERO forest management * Mayor cut Fire Department funding by $17M * Firefighters FIRED for not getting vaccinated * Launched DEl bureau instead of focusing on training * No water because California didn't fill reservoirs * Gave firefighting equipment to Ukraine in 2022 * Big insurance companies left California due to overregulation and poor fire prevention management .No planes or helicopters on the tarmac loaded and ready to go. Even though this would be the worst Santa Anna in 25 years. Why wont mainstream media cover truth?

[@jtjames79]

But think of the invasive smelt that may or may not exist!

[@Cat-zd9rm]

Not sure how true the stats are. I spent a week in Lassen with fire fighters. They admitted that many fires of unknown origins were blaimed on smokers or whoever are socially not except able.

[@elw6150]

When insurance agents receive 200k in bonuses on top of their 200k yearly salaries, who would expect there to be any money for disaster coverage?

[@texascpa]

Don't point the finger just at insurance companies. This situation was setup by CA government regulations. You don't see these issues in Florida or TX where there are natural disasters almost every year.

[@papo862]

Put a Ukraine flag in California and yall will be funded immediately

[@TheSmartLawyer]

@@papo862 by Joe Biden ...

[@Klops_ID]

And Israel flag

[@alizzasamonte8932]

Israeli flag is more effective.

[@BleuBelair]

Ayee that could work. Lol

[@juanitacrumbley723]

❤

[@lalutte65]

People about to learn that the $2.5 million dollar home was really a $2.3 million dollar piece of land with a $150,000 building sitting on it.

[@mmcquay73]

SOOOOOO TRUE!!!

[@kevingoldstine6670]

Well a bad mayor made that happened please send that to the democrats

[@neckpower]

2 mil land with a .5 mil house. No insurance ?

[@Badkidhonda]

Crazy😞

[@awwskit9753]

@@kevingoldstine6670problem existed long before she got into position

[@Michael-hn6tj]

State Farm called us the day the Eaton fire broke out to tell us not to file a claim because we aren't covered anymore... we have been calling lawyers everyday since and we are being told there's nothing we can do...

[@littlemonsterpants]

🤯🤯🤯

[@metroman8185]

Mayor and the Governor should be indicted for criminal negligence.

[@richardmesser1091]

After felon trump

[@williamfoulk7798]

They should get no pension. They should have to start over from nothing, just like the victims.

[@CalmBuffalo-gk3fi]

😂😂😂😂

[@CalmBuffalo-gk3fi]

What about youre elected felon president 😂😂😂

[@gradyjohnson7853]

This is not negligence. This was done on purpose. Smart people make plans .and do things to keep this from happening.

[@RetireAlready]

These people who lost their homes are so upset that they will vote for different Democrats next time.

[@anthonykobiec8569]

Not!

[@Cam-vz2zk]

You are probably right

[@BigToneOfficial]

😂

[@ChubbyLongfellow]

🤣

[@martypoynter9806]

Insanity by definition

[@layah3890]

What we pay for home owners insurance premiums. Put that money aside for emergencies. It's more secure!!

[@tooslow8150]

The woman lied. I work for s company and we lost $2 billion in the last 3v years. The reason for cancellation is that the state won't clear brush or provide adequate water. Super simple math.

[@valdivia1234567]

I was going to post this. People want to vilify insurance companies, and sometimes it's deserved, but not always. If you don't manage and mitigate, you'll pay the piper eventually.

[@martinwinther6013]

Wont supply water?? you mean cant supply water? The drought have dried eveything out. - its almost as if the scientists was right when they told us we would see more and bigger fires in the years to come.

[@LC-lz6rw]

You know it's a lie when they only show a 3 second clip with not data or proof.

[@chrisfarrell9894]

The insurance companies saw the disaster coming from a mile away and pulled out. And why not? They have a responsibility to make a profit. It is not their job to clean up the fuel that they saw was likely to go up in flames.

[@rockerjim8045]

who determines how much brush has been removed?

[@curtisfisher2127]

I left California 20 years ago for reasons such as this. The cost of living keeps going up and the quality of life keeps going down. When will Californians unite and draw the line?

[@ES-7766]

If this doesn’t prompt them, nothing will.

[@Patriot1777]

They keep voting leftist woke Democrat 😮

[@TradingTheta89]

They are drawing the line. California voted red. That was step one.

[@steprockmedia]

@@ES-7766 This kind of thing happens on the regular and they haven't changed. So...

[@chesslover8829]

I don't see any meaningful change coming soon. Unbelievable.

[@FlaThunderstorm]

A little known fact, after I had a conversation with my State Farm Agent. He stated that State Farm does not pay claims out of the proceeds from insurance policy premiums. They pay claims from State Farm's investments. He said the reason for this is that State Farm would not have enough funds to cover claims from their current policy premiums alone. If they paid claims from their policy premiums alone they would have to make premiums so high that most homeowners would not be able to afford them.

[@laurelstromer4041]

Exactly. People get all bent out of shape when they hear how much the company has "in reserve" and that's what it is: Reserved for potential claim payments". Those reserves are invested and money flows in and out of those investments when payments on claims are needed.

[@ronaldmay5819]

He lied

[@lavendarmoon]

The rest of the US will pay higher premiums for this.

[@TheSmartLawyer]

No doubt. There should be a LA sales tax added. Just a penny on the dollar should do it

[@Kalowe-i1k]

Most Red states rely heavily on California and other blue state subsidies. 💯 % factual

[@shadyislandchronicles4237]

just like the florida disasters and the texas disasters and the lousiana disasters

[@Kalowe-i1k]

Did you feel the same way when the last major hurricane destroyed Florida?

[@rockon8174]

No. Insurance companies go bankrupt when they can't payout. It's private money, not taxpayer money.

[@mikelynch-zeroviewz2507]

Just watch .. they will blame climate change.. Instead of their criminal incompetence 😢😢😢

[@tophercabba]

they already are .

[@stevelight2061]

Exactly!😡

[@Nelson-qv1bf]

And don't forget trump 😭😭😭😭

[@plecoguy]

@@tophercabba That was almost the first words out of newsome's mouth. In 10 days if it's still burning it will be Trumps fault somehow

[@legotechnic1314]

As something that occurs slowly and can't be reasonably dealt with in a short term, climate change is often the scapegoat they use when the actual fault is on politicians and their immediate failures to implement policy that might have been obvious or sensible. It gets blamed a lot.

[@FatherMolonLabe187]

The Federal Government should not give one single dime of disaster relief to these state and local politicians based on their sheer incompetence alone.

[@nicolenotizieeamici]

😢😢😢 sad you think like that. So many honest workers lost it all and you buy into the divide and say this…. Pray that life doesn’t teach you a valuable lesson and you are next in one of the future tragedies … cos when you and yours need help … I bet you sing a different song

[@kidwichita]

No bail out. You voted for this.

[@Ameal-w9w]

Nobody voted for 100mgh winds

[@chrisfarrell9894]

I had not read your post but wrote the same thing!

[@pb6717]

I know I didnt vote for this so your theory is WRONG

[@chrisfarrell9894]

@@Ameal-w9w Santa Ana winds are an annual event, not an excuse.

[@barryfriedman3223]

@@Ameal-w9w Yeah wildfires and desert winds in California, who could have seen that coming. Californians built their society out of straw and sticks and now can't fathom how the big bad wolf blew their house down.

[@mattjohnson7316]

Again you say a federal problem when you should say that it will fall on American taxpayers to pay for their stupidity

[@marymasiakowski5042]

Exactly 💯

[@krismell5935]

And only 700$ for NC victims. As long as Israel and Ukraine are taken care of.

[@mattjohnson7316]

@krismell5935 and most of the people affected in California are rich. But that's the grift!

[@justtestingonce]

No different than the Trump tax cuts for the rich that will be paid for by cuts to Medicare and other social programmes.

[@september29ification]

All so democrats in that state can look like they are standing up to the big bad Insurance companies. They should've concentrated on forest management, city brush and tree laws .You know. stuff that irresponsible people might not vote for.

[@PHN-2024]

Can't these Millionaires just used their Fortunes to Rebuild without the Insurance Payout?

[@texascpa]

You obviously don't know the difference between wealth and cash. Just because they are a "millionaire" because their long-time property has appreciated to over $1M doesn't mean they have millions of dollars laying around. Please take a beginner economics class to learn the difference.

[@basedcoins]

You think everyone is a millionaire?

[@JojoJoget]

They broke now

[@gavincurtis]

Many of these properties are accumulated wealth over time. If they lost insurance, it would be devastating.

[@adoptacat2877]

@@texascpaNO REASON TO BE MEAN IN YOUR REPLY. They were simply asking a question. I can’t stand people like you.

[@dissy5563]

Im no fan of insurance companies but California is a disaster waiting to happen, fires,earthquakes,landslides. Choose where you live carefully.

[@JonBrase]

Not to mention mismanagement of housing policy that vastly inflates prices. But please don't tell them to choose where they live carefully. My home state already got Californicated and I can't ever go back (even if I were inclined to deal with blue state politics, I could never go back simply because housing has become unaffordable). Californians need to learn to clean up their own mess rather than just spreading it to the rest of the nation. The big problem I have with Trump's wall is that it's supposed to face south, not west.

[@Coloradodogmama]

I find the liberals the most dangerous thing about living in California. 🤷

[@tommywilliams5135]

Trump shouldn't send them penny until there water problems are being dealt width

[@joefran619]

It's the Sheetheads running it

[@farnorthhomested844]

no one but the elites will be able to afford home owners insurance there when its all rebuilt.

[@ConcernedCitizen108]

We have all suffered from Democrat insanity.

[@abhayada108]

You can move to the hurricane south

[@martinwinther6013]

Plz explain how a state thats actually doing something to fight climate changes have some kind of significnt fault in this. GOP doesnt even acknowledge climatechanges.

[@bethriley9757]

Republicans are just as corrupt. They are greedy where Democrats are just playing stupid. Neither side cares.

[@shauncurtis1847]

pay attention to the story. even if we move were still paying for California. no hurricane destroyed as much as the palisade fire and theres things like water diversion / water management and fk the smelt fish that would have saved all the lifes and homes. this was a fire that is out of control because a lack of water when theres solutions even trump tryed to do federally but pos Newsom blocked everything. ​@@abhayada108

[@toprankintv9122]

Pretty sure the same thing happen in trumps (Republican) first term. Do your homework and stop spouting nonsense

[@melissafantozzi6367]

Give them $700 like everyone else got

[@philliphall5198]

I agree ☝️ 😊😊😊

[@hkr321hkr]

They all get their fair share of $750 I thought

[@sandrasteady5374]

That's what they gave people in North Carolina and they probably have to pay it back

[@TheSmartLawyer]

Oh they have been told 100 cents on the dollar in LA this is democrat fertile ground.

[@johng4093]

As long as the FEMA funds last and you qualify (you don't).

[@charlieparker5977]

@@sandrasteady5374 Yes, that was not free money, it was a loan. They are expected to pay that back.

[@1ElonFan]

@@hkr321hkr oh no no not in California the voted for kamala...they will get a govt bailout

[@JkM-ji5xt]

I'm a State Farm homeowner, but I don't blame State Farm for leaving since the cities and CA refused to brush and forest management. Folks, get rid of these Democratic politicans. We need to make changes.

[@grovedwayne390]

Both sides are horrible. Republican states aren't doing much better. We need to unite together.

[@nicolenotizieeamici]

Stop the divide!!!! Wake up and understand both sides work together!! - it is a class struggle…. A class issue - uber rich vs working class… time to realize this

[@gregorylyon1004]

Trump's a criminal. And you people all worship him. At least Kamala Harris has a clean record and no criminal charges or convictions. Unlike Don the Con Trump your new GOD

[@Flash3-22]

Look up the facts, insurance companies were not going to continue coverage because unable to raise the rates to cover losses.

[@MrSneaksful]

@@Flash3-22 you left out, to meet profit goals for investors and ceo.

[@RioSul50]

My heart goes out to those who have been affected. I hope they wake up and have the Mayor and Governor both be recalled ASAP! Stop voting in incompetent leaders.

[@TheColosiss]

Billions to other nations, but nothing for our own people...

[@martinwinther6013]

Those "billions to other nations.. what are you even talking about?

[@TheColosiss]

@@martinwinther6013 Go to the Google search bar. Type in "how much has the United States given in aid to other nations recently?" Over 80 billion to Ukraine alone... You're welcome.

[@grandaddyoe1434]

@@martinwinther6013 Not heard of Ukraine yet ? Too long in mom's basement ?

[@OzkanOzel_USA]

Every year we giving more than $50B to the İsrail for their free healthcare , free housing, free education , free retirement money. You are definitely right. And also we sending some $B for their military payout’s, like to purchase jet fuel from Russians, why don’t we just pay it to Russia? It can be even cheaper 😂😅😂😅

[@FlaThunderstorm]

@@martinwinther6013 The US yearly foreign aid bill is $70 billion.

[@rockerjim8045]

No Insurance No Mortgages No House sales No economy

[@richardsuter2816]

So true ! Leave the place to the sick Hollywood elites that root each other !

[@dragonshadow1902]

Bet Blackrock will come in and buy out the properties for pennies on the dollar.

[@shwnshts9469]

No. Just means no more bubbles. No more security swaps

[@joysboy6588]

"no deposits, no loans, no deals..." Greg Mannarino. it's been going on for years. It's just they haven't told YOU pal. That's all.......

[@JamesDavis-t5w]

Will take 3 Year's just to get building permits. Money can't cut through regulations

[@latoyaodems8322]

Blows my mind that there’s never any “money” with all of the taxes the citizens pay! Somebody’s getting a CHECK!!!

[@stacybrown6546]

If the California liberal government took care to put mitigating measures in place, we wouldn't have the insurance crisis. This is man-made.

[@abhayada108]

Do you even know what was in place and how the water system works? Tell.

[@coldchillin8382]

@@abhayada108fire fighters told the state to clean up debris aka fire fuel and the state was like naw, we’re gonna cut your funding instead and do change nothing about our existing infrastructure.

[@martinwinther6013]

Its almost as if businesses isnt being held acountable they flip the bird when it suits them

[@izzybizzy9589]

What about the roads! They stole fork out roads!

[@tommywilliams5135]

​@@abhayada108it sure wasn't in place to fight fires if it had people wouldn't be with out there homes

[@tomdavis1694]

Of course, California will look to the Federal Government to fund their shortfalls. It is part of their business model.

[@TheSmartLawyer]

@@tomdavis1694 cali life

[@sarcasticnews1195]

Uh, BS. CA pays WAY MORE into the Federal system than it takes out. Versus the red states like, say, Kentucky, bellying up to the host bar like it's the end of the world.

[@Ralph-i5m]

Has already happened. The Biden/Harris Administration already committing federal funds to cover LA, LA County and California state expenses for 180 days.

[@earlfithian2147]

there will be someone there starting Jan 20th that will not be sympathetic to this state.

[@SanityTastesGood]

And Trump will say no.

[@tonygotts199]

Insurance companies love to collect but never like yo pay out

[@Dfoto679]

What people don’t understand is insurance is nothing but a business that hedges their bets. If there is not enough money coming in that they can use their reserves to earn interest on then they will cancel the area and do whatever they can to give their portfolio more money. I worked for one of the largest insurance companies in the world. Reserves are everything. Incoming income is everything. Pay out is discouraged at any cost.

[@dertythegrower]

and they got to jail and sued hugely usually

[@dertythegrower]

lawsuits and jail time for insurance fraud, by insurance company... they do it all day

[@donnymiranda782]

has opposed to what, being a business that tries to lose money? I understand the issues of earthquakes, tornados, and hurricanes, all natural disasters where in some cases no way to mitigate the effective destruction But fire is completely manageable. If the state refuses to set up any decedent fire prevention, or fire mitigation, while simultaneously leveraging policies to create strangleholds on the ability to properly assign correct premiums and rates, then as a privately owned company they 100% should pull out. If the city and state want to throw tax payer money around to bad policy, they should put funding into covering the byproduct of their horrible policies....or.....stop voting for stupid policy makers i.e.. democrats.

[@geoffreykeating8172]

Capitalism rules #1 , money over people, the great American way , boycott 🇺🇸

[@billyhorton5779]

"Insurance" - Legalized version of a Ponzi scheme!

[@WilliamBrown-dw3fz]

American taxpayers should not have to pick up California's woes due to mismanagement

[@martinwinther6013]

Theyre not. CA is basically subsidicing 5-7 other states.

[@lindaangus2307]

People affected by Hurricane Helene are still waiting for help. Bet CA gets help before they do.

[@saiga12forme88]

We already have been, the feds gave them an insane amount of money for their last water droughts and they decided to build a giant resort for illegals. Same with NYC that hasn't been sustainable since before the 1970's, none of these democratic strongholds would last a year without money being stolen from real Americans and pumped into their purses.

[@TheRandoGal]

lmao yaaaa they're NOT, but your bias and hate gave me a good laugh at your expense. Love when people comment stupid

[@tommywilliams5135]

They should get tiny houses like north Carolina folks have settled for

[@robertmills6182]

This is criminal! People Have to be held accountable for this.

[@rickkearn7100]

Yes. There is no money except for the money in Swiss bank accounts.

[@TheSmartLawyer]

😮 you're not wrong. But don't sell Lichtenstein short, it's also a beautiful country and the people are much nicer

[@robertjohnson-mt8pz]

Newsom's accounts.

[@JohnPhilpott-q5k]

Yes. The insurance companies have billions of dollars buying up everything possible with profits. They have plenty of money

[@serenadevon]

and Ukraine

[@geoffreykeating8172]

Capitalism is #1 in 🇺🇸 , money over people , boycott 🇺🇸

[@pjconey]

Insurance companies should sue the state. It was Neusom & COs fault, that there was insufficient water and under funding of the firefighters, to tackle the blazes efficiently.

[@whenmullet2674]

Sue the State for what? The only money the State has is taken from the citizens so you're saying the insurance companies should sue the very people who lost everything.

[@canamrider7195]

@@whenmullet2674 Take is all from Elon Musk. Last I heard he was worth 400 Billion. That pays for ALL and more.

[@noeeon9910]

It was neusom and cos fault... But what is the recourse? What will happen to these people that lost everything?

[@whenmullet2674]

@@noeeon9910 Same thing that happened to the people in Hawaii, Florida, South Carolina and Tennessee. In 2 weeks we'll be on to the next crisis.

[@noeeon9910]

@@whenmullet2674 displaced and made to fend for themselves? They are vulnerable enough to join the people that did this to them or to commit crimes and become incarcerated. Is this what they want to only have two classes of citizens the ones who fall in line and the ones who don't?

[@christiruth3380]

Home insurance is a joke where does the $ go in the pockets of the CEO’s and higher ups! Frauds

[@rnvrnv354]

Think about this! No more insurance payments will be made! No more mortgage payments payments will be made! No more property taxes will be paid! No more sales tax revenue! This is Armageddon! Let's take a glance back to Maui and look at what their status is now?

[@coldchillin8382]

Yup and these are most expensive places to live. I imagine those who can afford to move won’t be returning so say bye bye to those wealthy tax dollars.

[@Porchlightonnoonehome]

I'm sorry for California, we've had the same insurance crisis in Florida. Bless you all

[@Puttingonthearmor]

I don’t understand how there is still trees and foliage standing right next to completely burned houses!

[@frankblangeard8865]

The laser beams are directed at the houses not at the trees! (just kidding)🤪

[@Mickey-b8f]

You voted for this governor and mayor you got what you voted for

[@martinwinther6013]

How do you vote for this? How do you vote for drought or human sabotage?

[@izzybizzy9589]

Stop saying this. Nobody voted for them. They have rigged the system

[@hector6005]

Idiot

[@oliphauntsneverlie6227]

@@martinwinther6013 They voted to let the deadfall lay in place and to not thin the trees. Also voted to let millions of gallons of water go to waste. Any more ignorant comments you'd like to make?

[@MM-qp4pd]

Did you read the book California Burning by Katherine Blunt?

[@zeorhymer6]

Insurance knew about this for YEARS and yet no one did anything to clean up old growth or maintain fire breaks. They had enough and left

[@Flash3-22]

Not true. It was because of the losses mounting for recurrent fires. Could not find anything about "cleaning up old growth" Besides these were residential fires, Not in a forest. Homes next to each other could not be a firebreak.

[@Grampagreybeard]

They new the risk of living in that city with wooden houses packed in like sardine can, they all had flammable hedges and bushes up against their homes and overgrown trees everywhere. So if they lost everything and had no insurance that is their problem let them buy a tent and sleep on the streets until they have the money to buy or rebuild. don't give them a dime of tax payer money.

[@dwightpierce9973]

IF THE HYRANTS WOULD HAVE HAD WATER WHAT WOULD HAVE BEEN THE EXTENT OF THE LOSES. CALIFORNIA PROBABLY IS RESPONSIBLE FOR 60 OR 70 %OF THE LOSES

[@E_Clampus_Vitus]

The hydrants were actually Hollywood movie props. Makes you wonder 🤔

[@coldchillin8382]

@@E_Clampus_Vitusbut they still charge you for parking in front of one

[@Comm.DavidPorter]

98%

[@chaspruitt2610]

Elections have consequences!! 😊 (EDIT: In this case California State & Local elections.)

[@robertjohnson-mt8pz]

Biden is still in office.

[@garybulwinkle82]

No! It's voting for Democrats have bad consequences!!

[@E_Clampus_Vitus]

Yeah, Everytime you vote, the situation gets worse.

[@geoffreykeating8172]

Boycott 🇺🇸

[@LC-lz6rw]

I live here, you bad human being. Less than 50 % of Californias can vote all they want, and nothing will change. It's not a good reason for you to make fun of your own during a crisis. And... no state is safe. The fed government is 34 trillion in debt. Let's see how funny it is when it all collapses and it also affects you....

[@chriswhite229]

Crazy how people who own homes pay for home insurance or fire insurance just for these insurance companies to tell them, oh btw we cant afford to help you with your home sorry. They will just wash there hands of this.

[@Jaserad]

And what's with paying car insurance for YEARS with NO incidents or accidents but the minute a person does have an accident the insurance bill goes up? Excuse me if I'm wrong but isn't the reason for car insurance is for...um, what's the word? Oh yeah, ACCIDENTS?

[@SolarSailor1967]

CA collects the highest taxes of any state, and received the largest COVID subsidy of any state. But there's no money for emergency services. There's not much to figure out.

[@jasonkruse2553]

All the money goes to the welfare (red) states

[@israelmorales9921]

Getting building permits in California…yeah, good luck with that.

[@huhwhat9759]

Should rebuild superAdobe/earthship homes, more green space, fire retardant etc....your lawn could be your roof. If only the allowed such things in the "land of the greed, and the home of the slave"

[@flynnstone3580]

I was going to build a room addition on my house, drew up my own plans to save some money, the building department passed the plans, went down to get the permit and they wanted $9,500. It was the same price as the estimated materials cost. So I told them to stuff it and never built it. So I asked them to see a breakdown of the cost and they had things like road impact fees, school fees etc...

[@Jim49446]

And some of the rebuilding will have California Coastal Commission jurisdiction.

[@frankblangeard8865]

@@Jim49446 Houses should not be built on the beach.

[@MemphisMojo15s]

Wonderful Job, Nuisance (Newsom) Wonderful job. Slow clap for the incompetence. Hopefully you are proud of yourself and all of you that voted for him.

[@ALAZ-001]

It’s a good thing that the governor was concerned with H1N1

[@richardmesser1091]

Good thing no one listens to you

[@aaronwilkinson8963]

These coastal elites. Who laughed at the misfortune of people in North Carolina.

[@brenthood2337]

Who laughed?

[@FalconSky-i5e]

Nobody was laughing. You are delusional

[@joletty1793]

No one laughed. Are you okay?! 😏🤔🤨

[@perrysanders9998]

They sure did.

[@perrysanders9998]

@@brenthood2337 Snooty Californians pointing and laughing at Hurricane Helene victims. We saw that and remember that.

[@greywolfe6941]

How is the Federal Government responsible to reimburse people for a personal property loss? Witness the grand implosion of greed...spectacular and utterly predictable. I guess these folks will have to do what we did here in N.C.....cinch up your belt, take a good deep breath; and get over it.

[@KingDrub]

You should UTTERLY quit yapping 😂😅

[@becri567]

This is unreal. You pay for house insurance for years and years, and they steal your money and cover nothing

[@teebob21]

Insurance is a time based service. It's not an investment account. You pay homeowner's insurance for a year: if you have a loss in that year, you are covered. Your past premiums don't roll forward. If you want that, use an investment account and self-insure.

[@Dr_Jeff888]

UN disaster relief … UN disaster relief … UN disaster relief ???

[@brg4622]

We know that it’s not saving type of account but it’s still unfair to the families that pay them premiums for years and get cancelled. It’s a scam.

[@Comm.DavidPorter]

@@brg4622 It's not a "scam," because they WERE covered for all the years when their policies were in effect. They would STILL be in effect if California were managing the risks in an appropriate fashion. When the state and city authorities are pursuing reckless, stupid policies that drive the risk levels way up, it's not the duty of the insurance companies to wait around to take the hit.

[@DeaDlyCorpsE528]

Welcome to the america that most have been complaining about for years

[@robertcook2597]

Not one penny of federal funds should go to California till the Governor, legislature L A Mayor and the city council all resign. Let the military run the state and city till new elections can be scheduled!

[@abhayada108]

And not one penny to hurricanes states… or tornado states…

[@lobo0122002]

Wait wait, how about before they leave they account for every single cent that was mismanaged.

[@tommywilliams5135]

​@@abhayada108i bet you voted for Newsom look what help happen

[@justadudewatchingvideos8993]

California is already $1.6 trillion in debt. I think Newsom can pass a bill to fund themselves

[@Bill-b9j]

Why would you buy or build multi million dollar homes in an area that is prune for either flooding or wildfires?

[@briansilcox5720]

Can insurers sue Gavin Newsome and LA Mayor for mismanagement of water resources that caused inability to fight fires?

[@kennethwers]

That is like Suing oneself as the taxpayer will be paying out any lawsuit.

[@rashakor]

I would be willing to bet that no. They cannot be sued as the water rights in LA come from the Colorado water compact and several other states, tribes and even Mexico have senior rights. And a lot of the water that LA did and didn’t get does not even belong to CA in the first place. If anything, the States, Tribes and Mexico could counter sue the insurers into oblivion.

[@freegee3503]

Insurance companies operate in fraudulent ways and deceive the people. ALL claims are prepaid. They lose NOTHING on payouts.

[@mrsmerily]

@@kennethwers I dont know in my country if you have accident lets say in front of your own apartment building because ice you can sue the apartment management but it means basically apartment building aka you.

[@bonzo20122]

Don't be stupid...........

[@user-ci3vt7xm4f]

They changed all the policies for nature, forests, and wildlife. As a result, however, forests were burned, wild animals were lost, nature was greatly damaged, and the air was worse. Isn't it ironic? The way they put it forward is the complete opposite of the outcome they are aiming for.

[@michaelleonard4826]

Federal aid should not go to the Insurance company's or the state. But directly to the people.

[@matthewwood5754]

There comes a point ' you can't ask your fellow Americans to pay for negligence and incompetence, ignorance and apathy! We are going to have to talk about this !

[@solobabyface]

All of Californias politicians and agencies need to be investigated and charged for negligence and corruption. Why is the water management lady in LA getting paid $750,000 a year and yet there was no water to fight the fires?

[@michaelgillett5744]

I want my tax dollars to go to N.C. and Florida, not California.

[@franktorres633]

California tax money subsidies most Of the country

[@richardmesser1091]

no one cares what you want

[@SilverGem1]

East Tennessee had significant damage from Helene, too.

[@Andrico77]

How American are you.... California also has the fifth-largest economy in the world and the largest in the USA. Which states do you think they are subsidizing? Welfares states.. look up the states who take more than they give in federal taxes. You should be thanking California.

[@Iquey]

California creates probably the most national tax dollars out of any of the states. Shut it.

[@Eighty5iveProd]

1:08 whats new?

[@Freedomring-uk6yd]

state is criminally responsible for signing off on an ineffective fire suppression system

[@Balloon_Animal]

The state is responsible for what exactly? How was the fire “suppression” system ineffective? I’m curious what your perception of this situation is.

[@Breacher141]

@@Balloon_Animal well the lack of water is a pretty big indicator you dumbass.

[@abhayada108]

LA had a republican mayor

[@garybulwinkle82]

Of around three hundred firefighters, over a hundred are female, and the female chief wants more! You reap what you sow!!!

[@philipmcauley9416]

​@Balloon_Animal If you don't have available Water to suppress the fire then that's down to the state, isn't it? Not sure where the confusion is. They also don't clear the brush properly or take care of electrical stuff going through those areas.

[@Jul-m2r]

Democrat Voters: CALIFORNIA did the fires to themselves

[@CrazyBee-m4q]

I saw a cell phone video that was uploaded. I can't find it now, but there were three people intentionally setting fires in California. This was done on purpose.

[@AnthonyGisme]

Weak minds blame a fire on politicians. Sick.

[@spankyharland9845]

if those who lost their homes voted democrat, they can look in an unburned mirror and blame themselves for the fools they voted into office that allowed this to happen.

[@AD-ub7ly]

😂😂😂😂😂 private company fails to foresee and prepare financially the wonders of the free market

[@juliethompson8685]

Really? People are devastated and you like to pile it on. Nice.

[@TheGreyShaman]

Insurance companies in Cali stopped providing fire insurance roughly 3 months ago, they knew this was gunna occur ;)

[@Surfwoman2024]

Don’t forget the myriad of small businesses that are just wiped out, food,services,restaurants, hospitals, all services gone!

[@Lukkaboc]

Thank you! I see so many mean comments. People forgot about the regular, average people who live here too.

[@Sedgley9024]

CA you are on your own financially. You voted for your Gov and your Mayor. In the meantime, billions of fed dollars given away or missing

[@martinwinther6013]

Yea. CA is pourning billions into the fed economy. Its almost as if CA would have had something to work with if they didnt have to subsidice 5-7 red states

[@cliffn3947]

Blame no one but the voter's

[@RahulThakkar]

First the SAG-Aftra strike lasting 1 year, and now the biggest wildfire S. Cali has ever seen. Let's see how much the celebs care, let's see if they donate their millions to fix their city.

[@phantom-ow4uf]

You get what you vote for.

[@richardmesser1091]

You will soon find that out

[@Dr_Jeff888]

UN disaster relief … UN disaster relief … UN disaster relief ???

[@bonzo20122]

Stop politicizing this disaster...........

[@memohd-wwf]

Nothing is going to change, just everything is going to get worse. This is only the beginning.

[@NevermoreNC]

The great Democrat voter experience 🤡💩🕳

[@tonyamaral6995]

your the clown!

[@garybulwinkle82]

You mean pain and suffering!?

[@geoffreykeating8172]

Shouldn't you be a flat 🌍 meeting , boycott 🇺🇸

[@yahoola]

DEI mayor should resign and hold criminally charged for failing to protect her constituents

[@richardmesser1091]

who put a felon in the white house

[@1550arenteria]

The government needs to take care of NC first.

[@jerryseeley3110]

And Maui

[@kw-zs2dc]

Insurance is legalize theft forced on you by the government. They will not uphold their end of the deal. What good are they?

[@dertythegrower]

For 20 years now.. aka my entite adult life.. no more will i fall for it

[@freegee3503]

They operate in fraudulent ways and deceive the people. ALL claims are prepaid. They lose NOTHING on payouts.

[@teebob21]

Insurance is optional. If you own a home, you're free to cover any losses out of your own pocket. Of course, since you probably had to borrow money to buy the home, your lender is going to insist that their asset is insured.

[@adorabledeplorable5740]

Time for State and federal Government to END the requirment of Home and Auto Insurance.

[@stephenlight647]

Auto insurance is required so you can the costs of you running into someone else! Home insurance is required by the mortgage company, so they can recover their money. Both are sensible.

[@frederickmuhlbauer9477]

It’s not the government it’s the banks

[@daisyrosario3438]

Billions for Ukraine and Israel! Tell Netanyahu to send some of that money back for California!

[@gumby7919]

Why the hell am I paying for insurance if the federal government Covers everyone not insured and bails them out

[@dandavis1023]

These home owners are responsible for home owners insurance, voting for a responsible gov, mayor to oversee their safety.

[@Bobmailly]

California should stop sending tax money to Washington and use that money to rebuild

[@BlahBlah-em2ed]

Tell me more how insurance companies are broke when we see years of multi million/billion dollar advertisement campaigns, sponsorships, and named sports stadiums.

[@stevendaniel8704]

they don't have large quantities of cash. they spend all of the money received from policies, and borrow money to pay claims.

[@Dr_Jeff888]

UN disaster relief … UN disaster relief … UN disaster relief ???

[@Tacitus_kilgore_1903]

Why should these companies go bankrupt because the leadership in California is completely incompetent?... every single thing that could have been done to lessen the impact was completely ignored

[@JIKI2005]

​@stevendaniel8704 naw its a ponzi. They use money coming in to pay claims

[@brett3140]

Tell me how little you understand about business

[@DeeOy]

The fact that insurance companies dropped fire insurance a month beforehand is super suspicious

[@mariamartin94]

Sure is!

[@Comm.DavidPorter]

They didn't. The cancellations have been happening for years. Every time California takes another incredibly stupid step that endangers the companies' business model, they owe it to their shareholders to cancel policies that carry an inordinate risk of major losses.

[@KiloPesado]

You would 🤔

[@Chresancioj]

Not it's not they losing money u don't understand shii people are leaving cali by the dozen I know I stay in Dallas we full

[@rokerdude215]

Ongoing for years, the regulatory cost of business in CA was off the charts with wages & permitting. Simply a business decision, that's why other insurers have left the state entirely

[@dougshelton69]

Where will the migrants live now??😮

[@itwasnteveryfloor5038]

Just wait until they are denied for that 750$ govt check.

[@HeavenGuy]

Renters are just as certainly affected by higher insurance rates. Rental properties need insurance as well. Those rising costs are passed on to renters.

[@navigator487]

People need to move around the country. We no longer have the luxury of open borders and giving people free rent for scarce housing when taxpaying citizens have to dig into their wallet.

[@stevenatwater7298]

Hmmm, I hope insurance company CEOs and employees discover the importance of electing competent people AND promoting legislation and or private solutions, underground tanks, sprayers that use pool water etc. for homeowners to defend their properties if the city can’t or won’t do it.

[@bigcahuna42366]

Imagine paying $10K+ each year in home owner's insurance only to get the middle finger from the insurer when you need help

[@alexarzamendi9475]

Lol, lmao even.

[@martinwinther6013]

Then imagine people who goes on to rant about it being a "democrat reason"

[@NicholasAdamDemonte]

@@martinwinther6013That’s not why people rant. People blame them because their poor leadership and decision-making contributed to no water in hydrants and inadequate personnel doing the jobs they should be qualified for. Get it?

[@1ElonFan]

Imagine a house built with 200k in materials appraised through insurance at 20 million for some ungodly reason and thinking that's the payout they deserve... yall better learn to swing a hammer and mix cement by hand

[@GANTZ100pts]

Now imagine not having to pay $10,000 a year in insurance. And instead allowed to put that money inside of separate bank account. Set aside in case disaster does strike. Insurance companies are nothing more than just legalized theft.

[@sc2603]

Insurance.. Biggest Crime Syndicate in the Country

[@Interxlinked]

For real they love to take your money but hate it when they gotta pay back

[@astridgalactic9336]

2nd biggest. The 1st is the Feds.

[@TB-ni4ur]

Look at the facts Buddy, insurers have been pulling out of the state for years, why would they do that if they are making a ton of profit and they're just greedy fat cats??? Insurance is a gamble, and they're not blind to the incompetence of the elected officials we have right now who have ZERO CLUE what they're doing... Everything that has happened the last decade in the state was predicted in full.

[@Mmmmkaaay]

They're in the business to make money and they saw the writing on the wall. Homeowners had the choice to sell those homes once their policies were dropped and they chose not to. The same thing is happening in Florida.

[@Mmmmkaaay]

​@@TB-ni4urExactly. As soon as the insurance company drops your policy, that's when the real estate sign goes in the yard and you move the hell out of there.

[@AryMena-g6q]

Maybe All Hollywood (free) make movies y conciertos, actors singers Disney entries and all the Olympics money for California…. 💯

[@MarisolVelez-vg3xl]

Good morning 😡🤦‍♀️😡🤦‍♀️ People better start looking for Jesus🙏

[@erictred4529]

I found him already, I gave him a sandwich a cup of coffee and said "later dude" he said np bro" thanks for the eats!

[@BuenaMorena]

People don't have to look for Jesus. He is ALWAYS present😇.

[@nicolenotizieeamici]

Maybe not everyone believes in him- thank god this is a free country and there is free of religion and beliefs. Tired of you religious nuts who put the poor Jesus everywhere- you want to know about Jesus?? Watch the documentary “Christspiracy “ and see all The lies dogmas told for millennia

[@lindaseikkula2296]

Leader's need to be charged and booked in prison.

[@inboxnews]

For stupidity and ignorance? Perhaps.

[@Honey-badger2]

@@inboxnewsWhy wouldn’t you think it’s deliberate? Even Gavin’s not that stupid. It’s on purpose. Raising money to Trump proof California instead of serving his citizens as the law requires? Sounds more like gathering legal fees for his horrific crimes

[@mtglox]

Fire departments "defunded" by the Usual Suspects.👹

[@islandguy9380]

You don't build in a flood zone and you don't build in a fire zone. Lesson learned!

[@TheSmartLawyer]

This was preventable

[@abhayada108]

@@TheSmartLawyerthese extreme high winds are not expected or predicable. Just like extreme hurricanes. They had plenty of water in the holding systems but the fire was so furious it drained water before the tanks could refill. Extreme weather needs to be taken into consideration now. We live in a different time.

[@rockon8174]

​@@abhayada108you do not know what you are talking about. 🙄

[@timothyhandhaw8947]

Where was the water in the hydrant, in fact where was the firefighters?

[@kolbymartin9743]

The winds are the same here ever year. Very oredictable. ​@abhayada108

[@deannaford9300]

A old man paid in for 87 years in 2 weeks ago they canceled his insurance. Did George companies collect money all them years and never pay out now they're supposed to pay out one time and they can't that's not right

[@stewiesaidthat]

An old man bought into a lottery pool for 87 years. A new guy took over and decided not to include him. A month later, the pool won the biggest jackpot on record. Who is the bad guy here? Insurance isn't a savings account. It's a safety net. It can only catch a few people at a time. If everyone decides to jump at the same time, it breaks.

[@stephenlight647]

Totally wrong analysis. You could just pay yourself the insurance cost over 60 years and accumulate enough to cover your replacement cost. BUT in the early years you would not have enough to replace your property.

[@izzybizzy9589]

American culture needs to change. A breeding ground for social paths and greed

[@teebob21]

Insurance is a time based service. It's not an investment account. You pay homeowner's insurance for a year: if you have a loss in that year, you are covered. Your past premiums don't roll forward. If you want that, use an investment account and self-insure.

[@dissociativecat7495]

ya $750.00 dollars per house

[@heathermunoz6282]

Blame the leaders not insurance companies. C'mon people. Hold these leaders accountable, including this administration. Go to the source!!

[@gregorylyon1004]

Oh yeah. Let's blame the California governor for the wildfire. LOL

[@heathermunoz6282]

@gregorylyon1004 Ignorance is not bliss. I moved from CA. Wise up.

[@laurelstromer4041]

@@gregorylyon1004 First rule of risk management. Plan for the worst and hope for the best... It's all about mitigating the risk and that state has had more high monetary risk wildfires in the past two decades than any other so what was the plan? Parade around on camera after you had dams removed where water could be accessible which make him such a great governor. Him and his administration bears most of the responsibility for that outcome, plain and simple.

[@159Dingo]

Right... Don't blame the people that are denying people coverage in order to make a buck...

[@heathermunoz6282]

@159Dingo Why are they denying? It has to do with leaders not doing their job to control these wildfires.

[@jonathanward1527]

I’m surprised any insurance companies are providing coverage anywhere in southern California

[@terryjohnson1376]

Its not about left VS right, it's all about rich VS poor especially now

[@SanityTastesGood]

The areas that were burnt to the ground were the BULK of the Democratic Parties donors. Not anymore 😂

[@joshualinwade390]

But they give 100% help to them but not Hurricane Helene victims Smdh just pure sickening!!!!

[@russellsmejkal304]

Just imagine having your insurance dropped because your state government is so inept that the insurance no longer wants to cover anybody in that state because they know that they’re gonna have to pay out billions of dollars so they drop everybody