Insurance companies placing bets that the next big wildfire will be in Orinda
@jbsbayarea18 ай бұрын
homes prices are outrageous out there. Nice area but too many problems with homes on the hills.
@drowe28 ай бұрын
If they think insurance is going up wait until they see the pg&e rate this summer starting $0.62/kwh
@davidwright8738 ай бұрын
It's an excuse due to the cost of a rebuild....Listen, if i was in the bizz, I wouldn't wanns shell out either...I hope people don't take it personally....If everyone has a million dollar home, then what?
@pyronac18 ай бұрын
insurance companies needs to be forced into non profit organizations. or they should be forced to return all premiums paid if they drop someone. they should not be allowed to just drop people like this.
@genuineappeal34586 ай бұрын
Insurance for homes is silly ... waste of money ... obsolete now that the house is a fraction of the value of the land
@philipbanks24628 ай бұрын
I heard after the '91 Oakland hills fire those who's houses didn't burn ended up kicking themselves bc all the less fortunate neighbors all got huge brand new homes as replacements
@masonite19738 ай бұрын
but still pay high taxes and insurance
@PerfectoKiss8 ай бұрын
Where is Newson? Nowhere!
@LuckyDuckie1158 ай бұрын
Lol these are 5-15 million dollar homes, why the hell would newsom help
@UncleDavesKitchen8 ай бұрын
I'm in Phoenix and my home insurance is $1400 a year. I'd love to live in beautiful California but holding tight here.
@MalibuGlow8 ай бұрын
Funny all the eco hysteria hippies who are responsible for these ridiculous laws now can’t get insurance coverage for their homes 😂
@dfirth2248 ай бұрын
The fires were preventable. 50 years of leftist environmentalists preventing professionals from doing their jobs. On the other hand, there are a few privately owned and professionally managed forests that survived the fires unscathed because there was nothing to burn. Southern California Edison owns this property near Shaver Lake east of Fresno. The public forest was burned to a crisp, but the SCE owned forest in the center of it was was unscathed.
@louiec95348 ай бұрын
what is the point of insurance if they get to choose where or who they want to insurance, this country is done for 😮😮😮
@yangyangdeng72058 ай бұрын
Exactly, easy money, pure scams
@maclovioberumen19177 ай бұрын
I feel sad for the home owners. I used to visit this place often. I enjoyed the peaceful moments and the festivals.
@romeysiamese66628 ай бұрын
After years of paying $$$$$$ into Insurance Co. coffers- their definition of “sustainability” is a Big FU to homeowners.
@wellthatgotweird8 ай бұрын
Its not just those in Orinda. My parents live in Pleasant Hill. I have a feeling its a designed racket. Just wild times
@peterbedford26108 ай бұрын
Future open space..east bay regional parks may have a new source for more land
@pwr-ultima8 ай бұрын
If they're going to drop them then they should be able to get a full refund for all the times they paid their insurance.
@ElektroKinetik8 ай бұрын
Class action lawsuit against insurance companies taking all the years of premiums then dropping customers
@johnbuckles13443 ай бұрын
In a way you gotta see the insurers point of view. Orinda is heavily wooded, with small two lane roads winding through hilly terrain. Being on the east side of hills, it routinely goes into the high 90's from spring through the fall. Often over 100. Were a fire to start there, it would be a challenge for emergency responders. Then, topping it off, the home values out there are stratospheric, meaning the losses insurers would be saddled with would deplete or even empty their reserves. I don't have all the answers for this situation, but it does seem that our zeal to have ever increasing property values has a finite end, beyond which the entire system breaks down.
@onebridge72318 ай бұрын
Please, these homes are multi million dollar homes. These neighbors are wealthy enough to start putting money aside to self insure. Most of these homes are not made of flame retardant materials and will burn 100% to the ground and the insurance companies know it.
@malama_ka_aina8 ай бұрын
Racket-alism. Same state where squatters have rights over homeowners😭. At this point they're begging us to leave the state. Had both my home and business property insurance dropped. The whole thing is just a joke to be honest.
@masonite19738 ай бұрын
Do you vote Democrat?
@malama_ka_aina8 ай бұрын
@@masonite1973 Tricky question. I'm off and on. Honestly, I might not vote this year, which I am well aware, if I don't vote, then I need to be quite, but, in all honesty, every time I've voted, nothing has come of it. I participate in the community and volunteer my time. I also prefer to vote with what I choose to spend money on. That's the vote they see more than anything.
@user-zq4fv8sj6v8 ай бұрын
The queens of CANCEL culture….. CANCELED!!!!! 😂😂😂
@thataintit21333 ай бұрын
took money from the homeowners for years and then just dropped them like nothing. The people should be able to get some of that money back if they do not use it.
@amidazad48328 ай бұрын
Well first off, send a thank you note to your local and federal government during to their stupid policies. Secondly, what’s the F…….ing insurance is good for when you can’t claim anything. Either your insurance going to be canceled or higher premiums. If the national policy is to have a homeowner insurance before buying house. Than government should be forcing these insurances going none profits or provide other options.
@Cordycep12 ай бұрын
higher insurance so home prices should adjsut accordingly. Only reason why county govt are complaning is lower home price hurting their tax base.
@LuckyDuckie1158 ай бұрын
These are 5-15 million dollar homes, paying $5-10k per year for insurance is insanely low. Im paying $5k a year for my $1.6 million property!
@Bumeism8 ай бұрын
Don’t own houses in disaster prone areas.
@mrdpdjr8 ай бұрын
How tF is California letting this happen to us??? 😡
@colitipal8 ай бұрын
Finally , she's back !
@celestialtl8 ай бұрын
The state needs to step up and insure my expensive beautiful home…. I’m entitled to state funded coverage…I demand it now
@nasnazari13918 ай бұрын
This is good news, y’all saying 8k a year.
@bigcahuna423667 ай бұрын
Insurance companies are fearing that "The Big One" will come soon
@genuineappeal34586 ай бұрын
Wildfires and wildings cause insurance to go sky-high.
@AKAAAK8 ай бұрын
Just do the state plan and pay out the aas.
@bestkdrama20248 ай бұрын
Sell your home. Oh no you cant sell it.
@Mrrossj018 ай бұрын
To All. The insurance companies are in business to make a profit. They make the rules. Between wildfires and earthquakes, California has a problem.
@josephnessschmoe28648 ай бұрын
Paint your roof bluuu...
@stoveguy21338 ай бұрын
Yasaman? Great name.
@MS-ty8eq8 ай бұрын
very high income area on top of a mountain. These people have money and they can pay every year for their insurance so stop crying poor mouth.
@masonite19738 ай бұрын
I guess you didn't watch the video the insurance company wont insure
@SC-or2ek8 ай бұрын
You're not in good hand with Allstate ? Like a bad neighbor thats State farm? 😂😂
@HitsFromThePast5 ай бұрын
Updated version: You're not in good hand with Allstate ? Like a bad neighbor State farm won't be there......?
@apwkastmaster20968 ай бұрын
Even they understood its beautiful but a craphole of a state run by a greasy governor 😊
@byefelicia86328 ай бұрын
They should just sell the house and move out of Orinda. But wait. No one will buy the house LOL..Nevermind.
@boredoreos7 ай бұрын
Tom Holland?!!
@garycallihan42068 ай бұрын
Chop down the vegetation...and more. That's all. Don't act special.
@jillbelas72668 ай бұрын
California has laws against that I believe.
@johnbuckles13443 ай бұрын
Yes. I know a client out there has shake shingle roof, surrounded by towering redwoods that have deposited many inches of highly flammable fronds on it. This roof would go up like a roman candle. Been like that for years and years. Any insurer using Google Earth would see this disaster waiting to occur.
@propblast82nd5 ай бұрын
Democrat utopia
@mnm20078 ай бұрын
That’s your beautiful Capitalism
@MrMrabaunza8 ай бұрын
This problem was caused by government intervention. Good old socialism at work.
@masonite19738 ай бұрын
It's due to regulations, taxes and laws that make it near impossible to do business in California in general