Thousands of L.A. homeowners do not have insurance amid fires

[@mimid6354]

Thank you to the Fire Fighters who are being relied on during this time, their loved ones must be on edge!

[@potato2941]

The State Farm exec who cut those 16k policies deserve a raise.

[@grungestoryteller]

Why? I don't get it.

[@AndyMcBlane]

Because they would now have to be paying out those 16k policies..

[@PC-ch1md]

@@grungestorytellerthey’re the ones who assume the risk and therefore not insure if too risky for their insurance company

[@ltdc426]

Why would any insurance company remain in a state that burns to the ground EVERY SINGLE YEAR and the state refuses to fix the problem?

[@jimbochoo3316]

Stop exaggerating. The state doesn't burn to the ground every year, only very very small sections of it. Pacific Palisades is just at tiny area of Los Angeles. 95% of all other homes are perfectly insurable by insurance companies and within tolerable risk. The large cities have big populations so they built homes on hills and mountains where they shouldn't have. That is the real problem.

[@ltdc426]

@ yeah, I’m being a bit facetious, but all summer long the ONLY thing I hear about California is that it is on fire, again. EVERY single year, all summer long. . So the point remains, why would an insurance want to stay?

[@GraffitiAlleyFashionShow]

Why are people and businesses required to have insurance but can’t get it? Asking the wrong question…Insurance companies need to be regulated.

[@nach9403]

Literally the only two cities that lost a lot of homes in California was Napa like 6 years ago and now Los Angeles. Besides that it’s trees burning and the dry grass on the hills.

[@boogerlui]

Like Florida and the flooded houses every year ?????

[@anonymous134y]

750$ from FEMA per household should cover it... Damn, the US is a 3rd world country...

[@desmo8755]

One with $35 trillion in debt. Hey, just keep printing more.

[@Kibatsume1]

​@@desmo8755and giving it to other countries. You would be surprised how much last year's military budget was simply replacing military equipment we gave to the Ukraine. A fair portion of our debt was from rebuilding other countries after wars.

[@mdog6726]

We had a third world leader from 2020 - 2004.

[@blackknight2556]

@@mdog6726 I suppose in the third world you live in, time goes backwards. 2020 - 2004.

[@mdog6726]

@ perhaps you’ve never travelled.

[@robzimmer5603]

One important point was missed. California imposes price controls on private insurance companies. When State Farm tried to increase premiums to account for increased costs to rebuild the state stepped in. Faced with losing money, State Farm decided to eliminate a large number of homeowners policies in the most risk prone areas. I think insurance companies must give sufficient notice that a policy will not be renewed but I’m not sure how long that is. If a homeowner is dropped, they can shop among over 50 competing insurance companies for coverage.

[@zztop8592]

They should pay $20k a year to have insurance in that area or any risky area.

[@rboettger]

Land developers licking their fingers right now

[@robertplant2059]

For what, who is going to ins at what price?

[@Pattern_seeker202]

That’s the only way out for the previous home owners. So sad. 2008 all over again.

[@Alexandria.Washington]

China

[@mrbeau5387]

Who would live there just to wait on another fire

[@robertplant2059]

@@Pattern_seeker202 Forced by the actions of lack of action to clean up and maintain the area as the ins companies stated for leaving.

[@corydwyer377]

Even after their houses burn down people will still have to pay the mortgage

[@zztop8592]

No insurance company in their right mind would insure homes in a matchbox. It was like an accident waiting to happen.

[@Mike-pj1kv]

It's just a bad area to build homes in the hills where it's hot, windy and lots of brush ready to burn. It's a bad combination. That was a very strong wind event. It's mainly the high risk areas that are a problem to insure.

[@vitaluna1568]

Richest country in the world. Richest STATE in the world. County with the richest PEOPLE in the world. And no WATER?

[@Mike_Genisys]

By the beach

[@2BHeard]

The only thing spreading faster than the flames are the lies from Trump, FOX and some Republican politicians. - No water in fire hydrants: you need to understand physics. If water tanks are being used for 15 hours straight the refill will take longer at higher elevations. Which is what happened. It was not due to a lack of water. - No money in FEMA: funding does not come from the president but the house. Remember how republicans refused Biden’s request for more? - Not knowing where LA gets its water. It does not come from snow melting into the Bay Delta system but from the Owen’s Valley and some from the Metropolitan water district. - Regarding claim the Mayor of LA cut funding for firefighters: let’s keep it in perspective. The budget is well over $800M and the $17M cut amounts to only 2%. They are trying to insinuate that is the main problem to all of this- not that the area has not had any real rainfall for over 8 months, climate change and strong winds over 100mph. What they are doing is irresponsible, divisive and serves no beneficial purpose. I’m not surprised by their behavior it’s the same old rinse and repeat tactics. They need to be called out.

[@carolynperez8524]

They shut electricity to not blow up everything, which also cause the water power to stop that what was in the news.

[@cleenlivin]

“5 Thoth Largest Economy in The World” but worst political leadership in the USA. You wonder how, they lie and have just gone on for the ride of prosperity built by past political leadership. You don’t believe it, Vice President and failed Presidential candidate (🙏) is a native political daughter of California and oh what a train wreck she is.

[@lominiski]

These fires are weird. You would think they have sprinklers.

[@DRventura333]

No, insurance companies "hiked rates" and/or cancelled people when they have to pay out claims. Nothing to do with increased "building materials" or "inflation". Has repeatedly happened in many other States. Where there were no floods or earthquakes for 30+ years, no issue from the insurance companies; coverage was available, no major increases or cancellations. The minute the area had a couple of floods or an earthquake or fire, the insurance companies had the same spiel: dropped policy holders, exorbitant increases in policy fee or verbiage due to "inflation" "increased costs" increased claim coverage for non insured."

[@CensorsTruth]

Insurance companies are legitimate Ponzi schemes.

[@targgthewise2892]

The state of Cali caused the insurance drop. FACT. They price controlled them right out of the state. Cali wouldn’t do even the bear minimum to avoid the fires. Dems always fail. Always

[@plantsplantz2116]

They have no money when file claims.....lol prolly better invest all those annual premium over the years into index funds instead😅😅

[@MarisaCortes632]

The real cause of the catastrophic losses from these massive wildfires in LA -- Governor Newsom's and Mayor Bass' utter mismanagement of resources. The City of LA wanted everyone to evacuate yet not one cop to direct traffic resulting in complete gridlock. Los Angeles residents pay massive taxes yet under Newsom, the state was completely unprepared to fight massive wildfires. Fire hydrants were EMPTY because Newsom shut down 4 dams to save a fish. Newsom blocked an order that would have diverted water from the much wetter Northern CA to the heavily populated and historically much drier southern CA. Mayor Bass cut the fire dept budget by 17 million but increased spending to the homeless industrial complex -- half of which went unspent. Newsom's forest management policies were never thin the forests of dead trees from deadly beetle infestation and never remove overgrowth creating the perfect environment for an inferno. Then he flies around the state on his polluting helicopter declaring "climate change" as residents' homes burn to the ground. Third world infrastructure in one of the most heavily taxed states.

[@grungestoryteller]

Por favor! Let's look at the Texas power outage or the Florida hurricanes! No harsh words for those governors?

[@MarisaCortes632]

@grungestoryteller Gov DeSantis was well prepared in advance of the storm, having evacuation centers ready, National Guard called for duty, etc. NO COMPARISON TO INEPTITUDE OF NEWSOM AND BASS.

[@abdiver12]

The State Farm people who decided to drop all those policies in Pacific Palisades last July will definitely be heaving huge sighs of relief and patting themselves on the back. Talk about dodging a. MASSIVE. bullet. The properties in that area are some of the most expensive in the country.

[@iman-pv2sc]

Doesn’t take much investigation to look at the adjacent hill sides and brush build up…. and make a decision to drop policies, in that area. Really, all boils down to management of brush and for forests.

[@paulgamez2713]

Price gouging is part of the problem.

[@Brainbaskit]

"And like a crackhead neighbor, State Farm ain't theeeeere!"

[@angelbest19lop78]

Sad but true

[@lyricsden]

it's a crooked world we live in. Such a shame really.

[@robertplant2059]

yes when the gov does not do their responsibility, like cutting fire dept budgets byt 17 million. Why I am afraid, America is too full of stupid people and i mean stupid!

[@Nutz-e5x]

You expect insurance companies to donate free houses.

[@jesserobinson749]

@@Nutz-e5x I expect them to not cancel policies because it's gotten more likely to have to pay. That's insane. Even worse you privatized about 80% of your water to a billionaire couple that have blatantly used 5 times more water than they should have. Capitalism is Wonderful.

[@-_Duckie_-]

I’m just waiting for the day American citizens snap and act like the French. Look up what they did when the retirement age was raised by 2 years back in 2023. The day we decide we are done will be glorious.

[@jofujino]

​@jesserobinson749 You expect insurers to offer insurance when they expect to lose money because the cost of rebuilding and risk of wildfires has drastically risen and State law caps rate increases at a much lower level. It would be great if more companies dove head first into losing money for the people but that's a stupid expectation. The fact of the matter is it's getting much more expensive to own a home and climate change is making it much more likely to have disasters. That's the National crisis that needs to be addressed. Home insurers wanting to pass on the cost (or leaving if they can't) is just a symptom of the problem.

[@ProfessorNorris1]

I LOVE that she used the correct word- “DROPPED”. Clarity is EVERYTHING. Dropped vs. lifted.

[@grungestoryteller]

Iived in LA for many years and this is the reason I left and moved to beautiful green lush Seattle. I do not understand why more people don't have their own systems like the elderly couple that has their own sprinkler system and fire dept grade hose. The old man bought it online for $3500. There's A. Lot of other systems if you're not paying for fire insurance that means you don't have that bill so why not get your own set up? Let's face it most of these people were not prepared. How are they gonna be prepared for an earthquake? Most of them don't have food past a couple of days. I always assumed thats why those neighborhoods didnt burn down. I assumed by now with all the close calls that people had drums of water, pumps and good hoses. Ive watched videos of people with tiny short hoses. When I lived in Hollywood Hills I had really nice thick long hoses. Its so sad that more than hslf of these people wont be able to move back there. 1/3 will have to leave California. Thats a staristic from all the last fires.

[@johngraves6878]

"Like a bad neighbor, State Farm is not there."

[@boundlessblade5205]

Calling it now guys There's gonna be another person that will crash out and will do a Lugi move I mean there's only such much a person can tolerate i say 🤷‍♂️

[@GaryM-d6i]

The insurance business doesn't care if another Luigi shows up. They are narcissistic and they don't care about anything else but profit

[@luthersimmons6991]

It's inevitable at this point. If the fraudulent insurance companies are gonna keep robbing the average American, while denying them coverage, then more Luigi's are gonna keep coming after them. This is what happens when you bite the hand that feeds you.

[@targgthewise2892]

Then that person had better go after the Dems in control in cali since THEY caused all of this.

[@Ahmed-s7o7s]

ان شاء الله

[@targgthewise2892]

@@boundlessblade5205 against the dens that caused this. Perhaps.

[@URKlewless]

So if you have a mortgage how can you not have insurance… my mortgage company bought insurance and tacked it onto my monthly payment or they were going to start the foreclosure process. It’s written in every mortgage contract….those that don’t have insurance must own their home paid in full

[@cammia8940]

They probably don’t have a mortgage.

[@anonymous134y]

@@cammia8940 the homes are all $5+ mil in that area. Even if they can afford it out of pocket, they definitely are putting those on a mortgage...

[@angelbest19lop78]

That's why being homeless or having cheap rv to live is better answer

[@encabsss]

There are houses owned by family in different generation and pretty sure they don’t have mortgage pay for long time. Probably the reason they don’t have insurance either to save some bucks lol

[@atergschwartzie2400]

If u have a mortgage the bank is going to want it insured. If ur home is paid off, then you can afford the insurance since you don’t have a mortgage payment. If you own a home +$5mil and didn’t insure it then u are a fool

[@Jay-o4m]

Who ever had fire insurance previous to them getting rid of it should be compensated or state farm should be boycotted world wide

[@alschneider5420]

I see the houses burning like crazy. But the trees don't seem to burn.

[@ayumimori1986]

That's right I saw Malibu ocean front has no trees but houses but now they're leveled

[@alschneider5420]

@@ayumimori1986 Youare right. Isaw video after video with houses ablaze but all the trees looked just fine. It is strange that trees in the forest burned but those near houses just swayed in the wind. Thanks for your comment. Youreally made my point.

[@jackbraddell1124]

Insurance monopolies price gouged people beyond comprehension.

[@georgegraham472]

Were they not raking the forests?

[@user-ne4fp2ts3n]

CA fair plan exists for people in fire zones and is available to anyone who wants it in CA. Most people didn’t want to pay for it and now they’re pointing the finger to say they had no options. People had options and didn’t prepare for something like this. For everyone mad at insurance premiums. Where do you think the money comes when you file a claim? How else do you suggest insurance companies payout on losses, employ people, and turn some kind of profit?

[@Thetruthislikealion-t5n]

This is what happens when our government stops protecting the people and allows big business to do whatever they want. While we were sleeping, we were not paying attention and pushing back on all of these issues and changes. And here are the consequences. When policy makers cater to big business, we all lose, rich and poor. Only poor, middle-class, and underprivileged people lose so much more.

[@jackdavis8701]

well maybe if the fire departments budget wasn't cut and the state actually filled the hydrants with water, the insurance companies wouldn't have felt the need to cancel these policies in the first place.

[@Alexandria.Washington]

Stop blaming the “Black” American Mayor. She did NOT cut the budget!

[@marlaabe7254]

@@Alexandria.Washington Although the money wasn't in the budget, she found funding elsewhere to give the department a 7% raise. Facts. Fire hydrants went down as all the sprinkler systems went off, draining the system.

[@jackdavis8701]

@@Alexandria.Washington Why was there no water in the hydrants? and why did she get on a 16 hour flight to Africa after she was warned about the fires?

[@AndreaBernotti-h8j]

Since when the ocean water is not considered water? Do they have to drink it or they have to fight fires?

[@mdog6726]

I can’t blame the insurance companies. The homes are really old and dry, nestled in to the woods, and obviously have no way to extinguish fires.

[@taubevictor8989]

Recall

[@Brainbaskit]

E Jean Carroll

[@LisaMcCarron-se3eb]

I think it must be Karma for the 185k Homeless in LA BEFORE THE FIRES!!! A taste of homelessness will hopefully fill them with compassion for our citizens who have been suffering and dying on the streets without help, for how long???

[@negativetime]

If you have the money you build a flame resistant home.

[@marlaabe7254]

We keep ignoring the building practices of previous generations . Even after a town had flooded twice in two years, they were still repairing walls with dry wall, not allowing the brick or stone to be the walls.

[@negativetime]

@@marlaabe7254 average price of those homes was 3.5 million so how expensive can flame resistant building material be?

[@marlaabe7254]

@@negativetime I am not a builder. I just know my son was in the Netherlands soon after flooding in his neighboring town. What impressed him was that the Dutch build houses knowing they might flood. So they depend more on brick and stone. Not plaster or clay or dry wall or wood like we do. I haven't really researched what building materials are more flame resistant. But I do know that we can take some steps to make our houses a bit safer, like not having wood close to the house. I would check with California architects, who are learning how to build with earth quakes in mind. We also need to pick locations for building that are safer. My friend from Northern California said the SoCal area is mainly dry with swimming pools. It is a true tragedy... By the way, smaller houses don't hurt anyone!

[@weebygg]

Earthquake zone they can’t use flame resistant materials like brick

[@marlaabe7254]

@@weebygg Wow, not a place to build....earthquakes and fires!!!

[@angelachanelhuang1651]

people spent their lives to pay for these houses.

[@tomaaron6187]

Thus why responsible owners insure their asset.

[@roboparks]

@@tomaaron6187 They wont Issurre them . Once the loan is paid off the Insurance companies drop them

[@jasminlove3251]

@@tomaaron6187 they were some of them recently lost the insurance a couple months ago.

[@malcomk]

And will have to still pay for the rest of the mortgage contract.

[@PP-gy8gg]

Hi. How much would it cost to insure a house say where prince harry lives? 5 k? 10 k? 20k? Say 8 months ago.

[@TheCommentSpy769]

100 mile wind..the lord have spoken😮

[@adulmoiz1955]

New puzzle ahead from insurance company.... sorry for home owners

[@franciscajauregui6022]

Patience is a virtue

[@Tom-d1j5q]

Don't call it thievery, or stealing.......Wealth transfer sounds much more professional and businesslike.......and "certain people" would rather be known as business people instead of the ver-mln they really are.

[@JBSuperNabby]

It Never Rains In Southern California😢

[@roboparks]

Yes it does . That's a Joke Right?

[@senorfedora9630]

@@roboparksit’s a song

[@JBSuperNabby]

​@@roboparksyeah.it's a song

[@merovmerov7631]

Luigi must be laughing at the news.

[@Dionfox36]

Pay all this money for all these years for homeowners insurance and then when you need it, you can’t get it. That’s really messed up.

[@Bob-cd5pp]

Like a Good Neighbor AlState Said Goodbye

[@Jeezooo1]

The policies that are in place made the insurance companies have to drop those policies of have to close their doors. These firers would have bankrupted them

[@raider360X_sot]

No they wouldn't. They would have cost a lot of money, sure, but these people have been paying for insurance for years, some for decades, and when they finally need it, they get dropped? Sounds like a scam to me

[@manoharyadav9121]

PRAYERS FOR ALL OF THEM 🤍🙏

[@Deccaniguy]

prayers for palestinian humans too

[@maxchau6973]

oh no

[@jabier687]

Scam insurance

[@rubensoria7457]

Everyone is responsible

[@Bob-cd5pp]

No ever said Life is Fare

[@gregbennett4254]

All our taxes will pay

[@starventure]

"Like a good neighbor..."

[@markdoolan7282]

Let me guess. It’s not the home owners fault. You want to live there pay for the privilege but don’t expect others to subsidise your choices with heavier taxes .

[@GMAN420BC]

California needs Luigi M

[@AngelaBelloucha]

This news announcer is so handsome ❤❤

[@pepitapulgarcita5051]

Did they know this was going to happen?

[@spence_903]

How in Sam hell did they know it was gonna happen Like God said hey it's a fire coming

[@user-mg3th4qn3e]

FJB

[@Namekiankingpi]

The people: Oh no let me call my insurance company! Insurance company: What kind of fire was it? The people: Bch what???

[@paulgiglio6944]

Good

[@Scott-du9qr]

You deserve what you vote for...

[@desmo8755]

Remarkable that insurers are losing money on homeowners insurance in over a dozen states but if they don’t agree to take on a high-risk property they’re seen as criminal. People don’t seem to appreciate the bigger problem.

[@36CatsHeavenRescue]

I own a home in Sacramento (not a fire area) and farmers cancelled us because of the fires 100’s of miles away.they re-insured us at a 100% increase on our cars and house in march 2024.total thief’s! I can understand if I lived in a fire area but not a none Fire area

[@PaulFormentos]

Even if they did have it, it would be, "Sorry sir that's not covered"

[@mecuniverse3042]

It doesn't matter ,even they have it , it will not be paid

[@famzini4424]

why not?

[@lominiski]

@@famzini4424 Deny, Delay and delt with

[@scottlamont2654]

Why stay in California

[@user-wx2ey3iq3e]

You are correct…. The Insurance companies pulled out because they saw tremendous RISK based on the idiotic Policies by the Governor and the Mayor/city council…. Also because the the state supported by the Governor CAPPED the premium amount that can be charged verse the RISK taken by the company….. so yes, NO insurance, don’t blame the companies…. Lesson- when the insurance companies are telling YOU there is a problem… Believe their underwriter, there is a problem!!!!

[@wrw825]

Oh well 😎

[@AJthePup]

Play as Luigi

[@A5htonnsChannel]

Yo

[@AVGWEENER]

EXPOSE INSURANCE SCAMS NOW!

[@SpringBreeze_25]

$17,9 billion to Israel

[@Jeeplee_rc]

THE MONEY IS AVAILABLE, ITS JUST IN SWISS BANK ACCOUNTS OF THE CEO'S.

[@danasmith858]

Despite having mega million Dollar houses? Oh well sucks to be you

[@Micya33]

Capitalists or emperors, which is better for the people 🙄

[@BrothaJohn-br2hd]

Free Mangione

[@morpheus3140]

I'm not depressed but this world is broken, the laws are broken the system is broken, everything is broken.. no no but I'm not sad or mad don't put me on pills.

[@re8746]

How can you own multi-million dollar property and not carry insurance? Something not right with Californians.

[@IanSlow5.0]

It isn't that they don't own insurance, it was dropped. The companies didn't want to pay out so they canceled their coverage.

[@marlaabe7254]

@@IanSlow5.0 There was a state policy available but not cheap.

[@IanSlow5.0]

@@marlaabe7254 but they already had a policy, and they were dropped because the companies didn't want to pay. It's wrong at the end of the day

[@marlaabe7254]

@@IanSlow5.0 My understanding was the California state policy HAD to cover you. Not an insurance company, but a state policy. I had a friend in Ohio whose policy was dropped because he didn't keep up his house or property and the company thought it was a disaster waiting to happen. When he did the work, he was re-insured.

[@tomle2600]

"Dropped" by one insurance company. There are 50 others to choose from and the FAIR plan.

[@JimwombatLand]

BLUE STATE !

[@CatherineMoore-rb1gx]

Insurance is one Big Scam!

[@kkinva68]

Everyone watch the movie China Town, everything is now going to back to being an Orange grove.

[@PJFreeman369]

Not a accdentv

[@jdmcivilization5085]

Cesar Chavez ravine part 2 just a new way of getting them tf out they did it to make the dodger stadium now they doing it to these guy i wonder what they going to build over the old home

[@franciscajauregui6022]

What do you know😂😂

[@MirelaIonescu-c6k]

🕊️🕊️🕊️🕊️🕊️🕊️🕊️🕊️💌💌💌💌💌💌💌💌

[@zer0xvfx]

SAVE THE SOUL SOCIETY, LUIGI MANGIONE

[@naosu87]

he's dreamy

[@JamesBond-uh4gq]

😂 vote Democrat.

[@angelbest19lop78]

Sad

[@DavidSilvia-ms7tk]

L.A city of homeless..

[@80bbygrl]

Hmmm... Curious yo know HOW insurance companies knew to cancel insurance before the fires?

[@JacobSchmitt-j8p]

Well sucks to be you

[@DgurlSunshine]

CROOKS INC

[@Sun_and_Sea_]

Paging Luigi

[@SolaireofAstora-c4n]

Heard it’s going to be many billions of Dollars to help the poor people who lost everything in these wildfires. I wonder will Zelenskyy or Netanyahu help by sending back the billions that was giving to them 🤔

[@alexojideagu]

Remember when everyone had fire insurance? State Farm remembers 🥸

[@kendrapratt2098]

Nice one 😅

[@alexojideagu]

@@kendrapratt2098 🤣

[@franciscajauregui6022]

God wins!!

[@丹尼-c7v]

Woke and broke

[@boonraypipatchol7295]

All the horrific things in the world Reflect that..... GOD is not real...... HUMAN create GOD, An Atheist and a Scientist.

[@kzziggy]

😂 So funny

[@Alexandria.Washington]

……And God boldly shouted, “Return your brother’s STOLEN LAND back to his TRUE Descendants!” The Children of Israel, Tribe of Judah

[@franciscajauregui6022]

This is jealousy

[@williamreif5609]

LOL