To those living outside of California. Keep this in mind when you look down on us. 1. Not everyone in California are snowflakes, communist, terrorist or identify as a cat. 2. California is not just San Francisco, Los Angeles or Sacramento. Not everyone is a city folk. There are country folks and cowboys living here. 3. California is divided in sections. Northern California, Southern California, the desert, the valley and bum f*ck nowhere. There are differences. 4. Us in Northern California don't claim San Francisco and Sacramento. 5. The state is beautiful, the people in Government aren't. Same goes with the people that voted for those idiots. Lastly, not everyone can just up and leave this state. It's not that simple for some of us. So instead, we're holding the line. We'd appreciate it if some of y'all support us instead of looking down on us as if we're all the same in this state. There are plenty of good 2A freedom loving folks here. We're just a bit outnumbered when it comes to voting.
I grew up in Orange Country in the good old days. You're totally right. I've been many places. Some of the most right leaning people I've ever met are Californians.
You should move to a place like Floriduuhh or Tex-ass. Lousy healthcare, crappy schools, horrible climate, disappearing OBGYN clinics for the women in your life, home insurance problems that make California’s look like a Sunday picnic, lots of drugs, crime and obesity. But, an 18 year old with behavior issues can buy an AR15 without any problems.
Como ciudadano de la comunidad Europea,y también con ciudadanía rumana, en este país del este NO VERÁN NINGUNA BANDERA DEL ORGULLO GAY en zonas públicas.. Ningunas. Y aseguradoras de casas en Europa no es obligatoria, la única obligación de seguro es la del vehículo.
We own 4 houses in Cali that we bought back in the 90s...California has the most consistent rental market in the country...we never have a vacancy more than 1 month
I have TALKED to people that has their homes burnt in Cali. Cali CONDEMNS THE LAND and then TAKES THE INSURANCE MONEY. This is a SCAM for Cali to steal the insurance money
I want to get out of this State, but every time I turn around, prices go up on everything, and I can't save enough to get out. I feel like i'm being held hostage.
Im sorry you're in that situation. Dumb question but cant you sell and move? I've seen lots of people selling their one home in cali and cashing out two homes here in az. All citing the same reason (politics, policies or taxes).
I did it. What you need to do it sell almost everything you own, except your most precious items. Take that money and use it to start over. There’s a lot I wish I would’ve gotten rid of instead of dragging it across the country. On top of that, the moving companies are super sketchy. They kept things of mine and they forced me to pay more money for not arriving on time when they left without any notice so I could not get ahead of them. So I had to pay them extra. They’re super shady. Anyway sell everything you can so you don’t need a Moving Company. Rent a U-Haul and get the hell out. Start looking at areas you’re interested in. Do your due diligence.
@@catmomclark9053 When we left for Texas we were just so fed up with CA we basically just packed up and left. No plans or nothing. Just had to get out it was that bad. I bought a trailer on Craigslist as it was cheaper than renting, and towed a car plus what we owned behind the truck. It’s been three years and we are doing pretty good now.
I pay insurance on my homes , bikes , cars , workman's comp , general liability and more. I'm just one guy. This is robbery and nothing more. Funny , if you don't pay it , you can't work , can't drive , risk getting kidnapped and thrown in a cell. Refuse to be kidnapped and they will give the death penalty to you. All for not paying their extortion fees. This is unbelievable to me
You know why though right? Bodily injury. When you write your car off they don't care about the 30 grand to replace your car, they care about paying for the family you hit and the lawsuit lol
My little bungalow insurance just went from $800 to $1200 a year after 8 years of ownership and zero claims. It's located in NorCal where we had the terrible Carr fire but that was 6 years ago and I'm not in the forested areas
I have TALKED to people that has their homes burnt in Cali. Cali CONDEMNS THE LAND and then TAKES THE INSURANCE MONEY. This is a SCAM for Cali to steal the insurance money
It’s probably because those fires jump and they come into town and they go into areas you wouldn’t even consider. Look at what happened with the tubbs fire. It jumped the 101. Took out coffee Park. The insurance companies pay attention to these things. The Risk is there.
Is there gold or lithium under Cali? The NC people who got Helene flooding never had flooded before. They are losing everything. Many still in tents! Abominable
California has a mental health tax that's supposed to be used to get the homeless help, but California has more homeless than anywhere else. It's obvious that no homeless are being helped, so where's that money going to. How come the residents or anyone in power try to find out where all this missing tax money is going to?
Do you live in California? Homeless are getting cleaned up. Also, keep in mind that all the homeless aren’t just people from LA, they’re from around the country. People forget that oart
@@hectormorales6175 That’s a lie. There are homeless in California dying by the hundreds on the streets, in several California cities. Homelessness is a lot worse now, than back when I was growing up in the 80’s-90’s. This state is a mess and full of corruption…
Homeless across the nation love California. It's one of the states with the best climate, especially in socal, where they won't suffer from freezing temps of other states. CA is also one of the most generous (charitable) w its homeless. It will always be incremental.
Only problem i have with this is, they already raise everyones rates because of those things. I figured out my rates have increased 42% in the last 4 years. No tickets, great credit, no claims, and im 50!!
How much have.cars.increased.in price? How much have car parts and labor increased? Have attorneys fees gone done in your state? Emergency room visits? Auto insurers are having to pay for all these and are required to have reserves to cover you if you do have a wreck. It's horrible but they can increase premiums or go out of business
Yes, we live in LA and State Farm dropped us last year with a short notice. And we live not in high risk area at all. We had to go with other company and the fire insurance got big increase for our house. damn Newsom.
State Farm will not write policies in Florida either, at least not in my part. When they solicit me to get their car insurance, it goes straight into the trashcan. If they can’t write me for my home, they can’t benefit from my car insurance.
Here in Northern California, the insurance companies were canceling EVERYBODY’s home insurance! You can’t have a mortgage if you don’t have insurance. The forrests are stacked up with dead trees, dead logs, dead branches- kindling.
I'm in Northern California and your 💯 correct...... its awful. The governor doesn't give any concern to our State!!!! Creepy guy..... and in the meantime PG&E rates skyrocket.
I lived in Paradise for a while until the fire there. I live in Texas now but things had gotten pretty dry and bad for years before the fire started. Too little to late. That being said, the socialization of insurance will only get people dropped and like you say nobody will be able to afford to buy there.
Your mortgage company will put in a forced place insurance policy if you do not keep your policy current. So at least you will have coverage that way. It’s not cheap though.
My insurance was cancelled last year because the state reclassified my neighborhood as high fire risk. There are absolutely no companies that will insure us forcing us onto the California fair plan. This will only cover the cost of my remaining mortgage. If my house burns we will have to pay for the full cost to rebuild and replace our possessions out of pocket. No other problems with the home are covered under my current plan.
If you live in the rural foothill areas of Northern California you have already lost your hazard insurance or its coming soon. When you loose your insurance you have to get the State of California, Fair State Plan which there is NOTHING FAIR ABOUT IT! You will double or triple your premiums and that doesn't even include the contents in your home.
This is the plan. Placer County is becoming a sinkhole. It is sitting on a huge water table that the PCWA cannot mitigate. Most public restrooms smell like open septic systems now. Pay attention. They are getting ready for the geography to drastically change soon. They know something.
They’re doing it to Nevada residents who’ve had the same company for over 20 years. Mind you the areas effected are no where near “forest” or similar climates. Such areas are close to fault lines…
I think insurance is one big scam . We pay and as soon as we need them , they pay half of what you thought they pay and then they cancel you...shameful
Please cover Western North Carolina. I am begging. You have resources I do not have. I’m doing four projects to help people in the devastated areas, including a concert in Asheville in May. I talked to a friend from Asheville North Carolina, this morning and he said there are still families living in tents. Their only source of heat is hand warmers. Babies are being burned from hand warmers. God have mercy on us. Please Help us. Grace & Peace. 🙏
@franciehartsog1347 I'm so sorry you guys are going through this. The fellas at the VFW and i all got a a bunch of building materials and supplies together and sent them down on a tractor trailer.
@@smelltheglove2038 Thank you! People like you have come from all over the country and are helping us. They come on their own dime and use up their vacation days. These people are patriots! If not for you, the death toll would be higher. FEMA has let us down. We take care of our own in the mountains of Appalachia. But this disaster left us broken. We are a resilient people and thanks to people like you, eventually we will heal. God Bless you! 🙏
Are people still being denied Tony homes for some bogus inspection claiming it’s not safe when all they have is a tent most of the time I am curious if anyone knows the specifics or the reason they are denying people help.?
Maybe if Kommiefornia didn't spend the past 30+ years mismanaging forestry and 50+ years ignoring their power grid, they wouldn't need to try and force insurance companies to pay for their malfeasance and incompetence.
@@dholmes3307 yeah it's happening everywhere look at Ashville and I'm califas so don't say kommie I'm no kommie I have military 🪖🎖️ family that fought for you dude and your family original Americans 5th generation. Now the governor is a snowflake kommie with a twist of rainbow but people of cali isn't so kommie dude lots of history and war heros it's ignorant smh
Being a California resident in a high fire risk area is literally a nightmare trying to get home owner insurance, PG$E is at fault and will not take responsibility for all the fires there outdated equipment caused and the Governor is in PG$E pocket
I have one single fire insurance company here in California I’ve been paying 800 dollars a month and they’re now dropping all sorts of people entirely in my area in nor cal.
I cannot say for the rest of the state, but Kern County SCE for the last 4 years been replacing power poles and all the new components, transformers, transformorer plants, etc, and wrapping poles to protect from ground fires. They shut off power sadly in areas that haven't gotten updates, but the areas that have been updated they don't. I have this massive pole in my yard that could withstand massive wind gusts so far. I live in the mountains. Thank you for your time.
It would take the combined effort of both state and federal government to accomplish this as: "How much land in California is government-owned? The federal government owns about 47.70 percent of California’s total land, which amounts to approximately 47,797,533 acres out of 100,206,720 total acres. California ranks third in the nation in terms of federal land ownership.". I wouldn't expect this to ever be remedied, neither the state nor the federal government is about getting to the root cause of problems.
About 57% of the forests (and 47% of overall land) are owned by the feds (20 national forests in the state). Another 40% of forests are owned by private owners....individuals, families, corporations, tribes, etc. The states has a level of power over that 40%, but not absolute because the land is private. Try to do too much and they will have the "government overreach" crowd suing.
@@zombieapocalypse3837your making excuses they don’t have to do all the rural areas. Populated areas with brush nearby can benefit from live burns. It’s all about protecting the environment which I get but fires are a natural part of nature. Just burn the shit when you can control it maybe winter or rainy day. But that makes sense and with our cal fire budget you can’t say we don’t have the personnel or money to do it. It’s bs they don’t care.
@@RavenousMarmot yes but for federal services provided in some county’s are done by local fire depts who receive federal funding to do the job because they have more resources. This is why for brush fires in the city of Los Angeles or the county are ran by either they city dept or county dept depending on whose closer to the national forest. The US forest service does not have many assets in Southern California due to the federal government theoretically pawning it out. Shasta area and northern cal is a lot of Cal fire as well as USFS. People don’t know this. They think it’s the usfs responsiblity when they contracted it out.
I lived in the SF Bay Area for 25 years; and left 25 years ago. My whole family left as well. For 50 years your citizens have voted in officials that created sanctuary cities, mismanaged land and water, PG&E infrastructure falling apart, cut funding to emergency services, DRS had to issue IOU’s, highest taxed state in the union and you have budget deficits, explicit content in your children’s libraries, illegals have more benefits than veterans, Hollywood elite and Disney going woke, do you need me to go on. My father worked for AC Transit, said in the 70’s, “progressives will ruin this state”; he was spot on. Bills were passed - ‘this is good for Californians, we’re progressive thinkers’ is what we were told, and those of us that were against it were called conspiracy theorists. ‘oh, that will never happen’ is what I was told. Look at the laundry list above. How’s that progressive thinking working out for you.
We live in a townhouse in San Diego our HOA went up $19.9% (max by law) + a special assessment. Both of these equal $1,572 increase this year! And the kicker is our HOA is only 60% insured so none of us can sell our homes! I told my husband as soon as we can get out, we’re doing it. Planning a vacation to Tennessee this spring to look at the different communities, school districts, etc.
San Diego here also...in La Costa area. It is not sustainable for normal people. I don't know what to do. I cannot afford an increase and an assessment. I am borrowing from Peter to pay Paul.
I live in Memphis. Very affordable. Good city. Other cities (besides Nashville) include Murfreesboro, Chattanooga, Knoxville, Johnson City, Clarksville.
Hey you guys, I’m one of the person who used to live in Malibu before the 3018 fire. My insurance was Farmers and I had a renter insurance covering 100k personal property and 100K for getting on with my life in the aftermath. In mid 2023 I receive a letter of non renewal with no explanations. In the meantime starting in 2019, they raised my auto insurance instead giving me a break because all the qualifiers: no accidents, no tickets, 2 vehicles and renter insurance. I went to AAA for car insurance and after the first year AAA it went from $1700 roughly for 2 cars to $2600. This year it jumped to $3400, and AAA also refuse me renters insurance. This is all on purpose! After the devastating fire of 2018 in CA, Malibu was devastated and my friend were given all kind of excuses telling her she couldn’t rebuild. She left CA, like so many. Not only they don’t care if people leave the state, in the contrary they want us out of there. Another land grab?! 🔥 It is not alright to not give people home and renter insurance which includes fire. This gonna have to change!!
If it is such a scam, I am assuming you are heavily invested in insurance companies OR you own one. It is so easy to make ignorant statements like you made on web sites.
My homeowners went up 30% last year in Eastern TN $900 to $1200. Just because Erie decided to raise all rates. Flood insurance on my house at the shore in NJ would be $11,000 if I had a mortgage on it. Trust me the house is not a mansion. It's from the 50s. If I wanted just $50,000 in flood coverage would be $5,000. What a racket. I can put that money away in a savings account just in case something happens to it.
With California already being THE MOST DIFFICULT AND MOST EXPENSIVE STATE to own a home, they make it even more difficult to buy and own a home. As I had mentioned before, UNLESS you're already a home owner OR you're a high income earner, 99% of the renters in California have no choice but to keep renting. And the dream of being a home owner becomes more and more out of touch and unrealistic for most of us. It's almost like what they're doing is entirely intentional to keep the renters keep renting and the "HAVES" make more and more money. Anyone else feel like that? Can you really blame me for feeling and thinking this way?
I think you are smarter than you give yourself credit for. If property gets so hard to buy for regular people there are plenty of rich corporations or people from other places (countries) who can afford the high costs. The word we never hear anymore is ETHICS. Business ethics is not part of any corporate entity. Money is all that matters. It is the driver of all corruption in our state and federal political class. Weakness should be pointed out as bad. Weak politicians equal easily bribed politicians. They lack moral compass. Vanity & fame & notoriety & greed etc etc. all the things that makes for a bad person, those are the same things ruining the state & the country. It’s also why the country voted for a change! You’re not crazy. You’re right.
Consider this, PBD: PG&E and the CA State consistently fail to properly manage forests and maintain critical power equipment. Yet, when disasters occur due to their negligence, the insurance companies pass on that financial burden to its customers; the average American homeowner via higher premiums and increased costs. It’s an unjust system-tax payers shouldn’t be carrying this financial burden, PGE should! Secondly, those who play by the rules and strive to do the right thing end up shouldering the largest burden, while others, including those without jobs or here illegally, often receive extensive support using our tax dollars. It’s completely F-in backwards, this creates a system where being responsible, hardworking people feels more like a disadvantage than a benefit. It’s a deeply flawed system that completely undermines a fair and equitable capitalist model. In short; hardworking average Americans trying to live an average life are getting screwed into impoverished situations, living check to check with a good job! Were getting it from all sides.
Bought a home 3 yrs ago in N California my wife just had to be a homeowner. My mortgage and insurance tripled from what my rent was in a nice four-plex we have no kids they are all gone. She's happy owning I'm not sure, we have enough money but God I try to tell her the money we could have saved renting far outweighs what this house will be worth in ten years, plus now we have the expense and headache for the upkeep if your rent is reasonable with great landlords stay renting and bank the extra money.
@skymaster9484 if your wife doesn't earn the money, pay the bills, or understand how the economy then who cares what she's wants and she shouldn't get to make any decisions. Women are clueless and they will drive a man into debt just because they want something. Keep your woman in check.
I’m going through this currently near the Tahoe area. We have to split our insurance companies to get full coverage, we’re looking at a quote for almost $600 a month for insurance for our ONLY option if we want the house. Proper forest management would definitely go far, but that’s never going to happen again thanks to the Sierra Club and asinine laws/policies voted in by the politicians in Sacramento.
Friend bought a huge expensive log home in Alpine California in approx late 90s.. Cut down two huge trees down near HIS home on his property feared fire danger. Got fined approx 750 USD per tree.
Were the trees on your own property or on forest service property? If you cut any trees on forest service property without a permit you will be fined. The good thing is that a permit is cheap, especially if the tree(s) in question is a danger to your property. I had a dead tree near my property which was on forest service land, got a permit for $10, and we were both happy and I had a pile of fire wood. So I'm just wondering about your situation.
We here in Nebraska are feeling it too my homeowners insurance went front 1100$ a year before last with a 500$ deductible last Feb it went to $6,000 a year with a 5,000$ deductible and just got a letter saying the next policy will go up 40% and they say its because it costs more to fix them now
Colorado is going through the same thing with insurances leaving the state. If you are lucky enough to have your homeowner's policy renewed in most cases the increase is much higher than the year before. I spoke to a gentleman whose premium went up 100% from the year before. I also spoke with a retired older lady who is on a fixed income and her homeowners went up an additional $40 a month which cuts into her budget for her grocery's. She has no claims history to my knowledge. It is just sad times right now. We are damned if we do and damned if we don't.
@ but if we don’t, then the mortgage company imposes their own insurance which is even higher. If you are a homeowner with a mortgage you are screwed. You have to have coverage one way or another. No chance of self insuring when you still owe the bank.
Some what older news, but another aspect is this is killing real estate transactions as well. Clients can't get insurance or it's so high it disqualifies their mortgage approval or above their preferred budget for home payment.
While you make a valid point, let me give a little perspective from a survivors standpoint...Paradise 2018. 40k+ individuals from several communities, destroyed by wildfire sparked by faulty pg&e equip in a small mtn community, fueled by high winds (common in the canyons here that time of year), undergrowth no longer mngd by cdf (since the 80's. thanks to feinstein & cronies who can't move their arses from the bay or their noses from doners hinnies) & a poor or nonexistent ems, descending on a small college town. Fast forward to post bankruptcy (pg&e) where survivors were declared creditors rather than victims (to reduce pg&e liability) screw #1. When the dust settled & decision reached; municipalities, hospital & INSURANCE COMPANIES were reimbursed FIRST (before survivors, who by the way, are STILL waiting for measly crumbs 5yrs later!) screw #2. Some insurance companies refused claims claiming insolvency, some only paid partial claims, some honored their contracts. ALL OF THEM were reimbursed their loss from the Trust setup for survivors! screw #3. Now those same companies charge outrageous premiums (if, they will ensure you all) or have decided to remove their services entirely from the state. EVEN IF you had been a customer for several DECADES that had never filed a claim & never had a late pymt. screw #4. As you can imagine, we don't give 2 shakes about the "poor insurance companies". Honestly, if folks were smart, they'd post their own bonds to insure their assets and tell the others to stuff it. Governance in Cali has gone to the hogs & they're all gluttons. BTW, my family has resided here for over a century & a half
I've been renting for a while. I'm single, no kids, rent and basic addons is $1,500 a month. To own a home in my area the payments and insurance (not including maintenance and your time) is $2,500 a month on average. I'd rather have that difference in money ($1,000) in a brokerage account every month earning 8%-9% a year. And that's exactly what is happening.
The insurance companies have left California because of regulations preventing them from raising rates necessary to cover losses. This new policy will probably just make it worse.
PBD said health insurance is all good when the Luigi incident occurred. But now he doesn’t like it when insurance gets any regulations. Insurance is in no way close to free market capitalism. It’s all a total racket…
My mortgage is going up $800/month to cover new fire insurance I have to purchase thru the California fair act plan. I’m just an electrician that don’t live beyond my means. But this increase drastically cuts into my means!
I'm commenting before I've seen the entire video but State Farm also said if they're not allowed to increase their rates by 50% they will be leaving the state. That happened in 2024
They raised my car insurance over 1K Farmers Insurance with no accidents no tickets no points clean licence. So, now looking for a home here is even more impossible.
Insurance premiums are going to cost more in risky areas…gulf coast, Florida coast etc…deal with it if you want to live there. Also, insurance companies need to charge higher premiums to hopefully reduce their loss ratio. Reinsurance premiums are also high. This is all actuarial based.
Wasn't just home owners. Last year we had to pay our auto policy in full for 6 months or we would get dropped and I tried to shop around for a new policy to do monthly payments and no one would start a new policy. It was a nightmare.
I live just below the San Gabriel mountains rarely do you see maintenance being done on the forest in order to prevent wildfire any turnout is a potential fire hazard they will literally leave dry brush and gigantic piles over the weekend when they do work literally setting up a bonfire
I'm in California and it is difficult to find an auto or home insurance. The insurances taking new accounts are small time insurances with lousy coverage. I had to go with AAA which is very expensive, but I get discounts because I moved all of my accounts to AAA.
I live in Running Springs California. The huge fire in the San Bernardino Mountains was real close this time. We evacuted for over a week. I am mandated to have special fire insurance. It's one of the reasons I'm moving out of this state besides not want to live in a fire area anymore.
Got dropped by Allstate a couple years ago and this year, Farmers no longer covers the fire portion of our policy, so we have to go to a Calif state plan. Never had a claim. I've heard of some people insurance going up 3x the old premium. ALL because Calif won't do their job in trimming overgrowth and maintaining electric plants. It's insane!!!
I left Ca in 2021. I lived in a wildfire area and was unable to find insurance through normal sources and had to get fire insurance from the state. Cost in 2020 was $9,000 per year and another $1,000 for liability. The rate in 2021 was reportedly going to be $11,000. Who can afford or more importantly why would anyone be willing to pay such outrageous rates?
Here in Colorado, if you live in a WF area, you can get an assessment by the Forrest service , which gives you suggestions on what to do to make your home less likely to burn in case of a wild fire. Most people take care of the issues around their new home in order to receive / lower rates on their H.O. insurance
We live in the mountains. Allstate did this to us 2 years ago. We had to go with the California Unfair Plan. Our insurance went from about $1200 per year for fire and homeowners to $4500 per year. My neighbor has a new house and his went up to $10,000 per year. We will probably be forced to move out of state next year when my husband retires because we just won't be able to afford to live here anymore even though our house is almost paid off. We can't afford to pay a 4 figure rent or else we would just sell our house now and rent.
Not that I really agree with anything California has in policy, if they don’t require ins providers to write coverage and home owners are “required” to have ins coverage due to mortgage or hazard zone requirements, then what is a person supposed to do? If they can’t get ins then the home just never sells again and is abandoned? It’s getting difficult in Houston due to flood zones. I know ppl in FL facing similar issues. But at some point between earthquake, fire, flood, hurricane, tornado, etc…. There will be more “high risk” areas that just aren’t provided an option? Again I’m asking because I don’t understand the solution here….
For the last two years, my insurance company, Farmers, has canceled my homeowners insurance. 1st time saying my 10 year roof was bad, called a roofer, he said hail damage. Filed a claimed, new roof. 2nd time, they said we didn't have enough insurance on the house. OK. Up our insurance and up our deductible. We usually get the letters at the end of May. I can't wait to hear the next cancelation excuse. Taxes and homeowners insurance are like making a house payment every month without the loan.
Insurance is becoming a rip off. It never covers you in your time of need, but you need to make the payments. Any insurance, expect your claim to be denied and you need to get a lawyer and fight for it. Due to inflation, don't expect interest rates to fall too much. The only flexibility on housing that can be adjusted is price of the home, so I expect a bloodbath in housing prices in the next 2 years. All the other expenses I expect to keep creeping up with true inflation rate, which is probably 7% expecting to go up, not the one that's reported.
The state should handle insurance, not the private sector. The cities in the Southwest of this country are built in deserts, droughts and disasters are bound to happen.
We had a huge wildfire due to PG&E negligence where we lost 40 homes. Most of the residents have lost their insurance and are now paying a ridiculous amount using the CA fair plan and a wraparound policy. Insurance companies are dropping all insurances and we have very expensive homes ! State Farm has dropped so many homes! Our forests need better maintenance. We have extended the brush clearance from our properties from 100 ft to in my case 500 ft!
There is something else going on. My son's insurance company declined to renew his policy claiming he is in a wild fire area, Yes, it is a hilly community, but just surrounded by grass, NO trees for 100 miles in any direction and is not remote and highly accessible and defendable on all sides. My daughter had a hard time finding coverage for her home for the same reason. But her house sits in the San Joaquin Valley on flat ground, in the middle of agriculture property.
Not to mention pg&e has been approved rate hikes for many Californians. People are selling their houses up in the mountains because they can’t find insurance after the camp fire up in paradise. Ive got two cars with All State 1 with full coverage and 1 with liability only. Im paying out 600$ a month. Its getting ridiculous
I would also like to add that just 2 years ago i was paying $170 a month for those same vehicles. This is why people are full of it with the insurance companies.
@@joseparedes9886 my car is worth about 900 bucks. I pay 258 dollars a month. I live in a no fault state. Why is my liability insurance insanely high when the other person, whose car is most certainly worth more and is forced to pay full coverage if it's still being financed insurance will also pay out? It's a huge scam. All of it. Insurance doesn't work when you have 100 million plus people driving around with no license, no insurance, illegally here in the first place... ugh.. I'm so exhausted by it all.
@@joseparedes9886but it's not really the fault of the insurance companies, is it? The costs to repair and the risk of accidents are simply going up, and they're responding.
Just got an increase on my auto insurance. The lady said a general increase for everyone, I asked where was that memo? She said we don't have to notify you! I said it then looks arbitrary, or punishing me for a fender bender the year prior, where I was already punished. My car is not worth anything to boot.
California is also working on getting insurance companies to get people to report to them if they have a firearm in the house and mandating that the companies report who has them to the state.
Imagine paying $100/month to have a fire extinguisher in your house... and you pay year after year after year... then one day there's a fire in your kitchen and you use the extinguisher; and it does its job... but now, that company that rents you the extinguisher is pissed because you finally used it and now you have to pay $150 a month... thats insurance for you - a punishing business... itd all good when you never need their services but the minute you do, they wanna bend you over and make you pay for it.
The cost of Insurnace (homeowners, P&C, health insurance) is increasing faster than inflation and almost double the wage growth rate. We didn’t even hit our deductible last year for health insurance and we just got an announcement our premiums are going up 30% this year and our already high deductible is going up another $7,000!! How is this legal?!? It’s become absurd and the Insurnace industry is attacking the middle class with government protection for all of it. Something needs to change
I live in Oceanside Ca about 8 miles inland from the coast. The only reason I have homeowners insurance is because my mortgage company requires it. When and if the insurer drops me, I pay off the mortgage and self insure.
Illinois Homeowners insurance going way up as well, mine went up almost 60%. When I went to shop around to different carriers, they all were increasing between 50-65%
Happy New Year. The premiums for my condo went from $65,000 a year with Faremers to $875,000 a year on ‘the Market’. The condo is considered commercial property so it exceeds the value for the California’s Fair Plan. Also wheee I live are a lot of eucalyptus trees. The green spaces with the trees can’t be properly maintained because the maintenance (trimming trees, clearing brush, etc per fire code) violates CA endangered species and environmental acts. So, yeah I am financially screwed. The HOA cost is now annually more than my mortgage with the special assessments.
I can barely find a place in California they want everyone to have a 600 + credit score I have that but I need to roommates to pay plus the high-ass deposit rent. You have to have check stubs credit report proof of renting before they even show you the unit plus $45.00 per application 😭😭
I hear what they are saying but year after year they have widened the wild fire areas. They include hill areas, where houses are in lower areas, few houses ever burn, just the hilly grass areas. They have tripled the cost of the Insurance, that is mandatory if you have a mortgage.
I'm glad I sold all my rentals, now I have ETFs! The best decision ever made! I sleep comfortably without the loom of Insurance, Taxes, Hvac, roofing, plumbing etc going south fast! Real Estate is done in America!
I’m a realtor in LA county, Santa Clarita. We have fire zones which is why insurance companies are leaving or cost an arm/leg. Most condos in Santa Clarita are Non Warrantable, meaning most loans will not qualify to purchase real estate. Condos are the most affordable (~$500k) in my area.
My family owns a 12 unit apartment building in Hollywood. Our insurance went from $5,000 to $13,000 a/o 2025. Guess whose rents are going up? That would be ours because of rent control
@napwithus it's not though. What you're advocating for is slavery. Every time you demand that goods and services are a human right, you're saying the people who provide them are slaves.
@@smelltheglove2038nothing you can do or say will change the mind of a leftist. It’s a mental disorder. May as well argue with a stop sign. Nothing you say to it will change it to a go sign.
To those living outside of California. Keep this in mind when you look down on us.
1. Not everyone in California are snowflakes, communist, terrorist or identify as a cat.
2. California is not just San Francisco, Los Angeles or Sacramento. Not everyone is a city folk. There are country folks and cowboys living here.
3. California is divided in sections. Northern California, Southern California, the desert, the valley and bum f*ck nowhere. There are differences.
4. Us in Northern California don't claim San Francisco and Sacramento.
5. The state is beautiful, the people in Government aren't. Same goes with the people that voted for those idiots.
Lastly, not everyone can just up and leave this state.
It's not that simple for some of us. So instead, we're holding the line. We'd appreciate it if some of y'all support us instead of looking down on us as if we're all the same in this state. There are plenty of good 2A freedom loving folks here. We're just a bit outnumbered when it comes to voting.
I grew up in Orange Country in the good old days. You're totally right. I've been many places. Some of the most right leaning people I've ever met are Californians.
You should move to a place like Floriduuhh or Tex-ass. Lousy healthcare, crappy schools, horrible climate, disappearing OBGYN clinics for the women in your life, home insurance problems that make California’s look like a Sunday picnic, lots of drugs, crime and obesity.
But, an 18 year old with behavior issues can buy an AR15 without any problems.
I live in Kern county and there’s nothin but trump flags everywhere. We too are stuck in California.
Como ciudadano de la comunidad Europea,y también con ciudadanía rumana, en este país del este NO VERÁN NINGUNA BANDERA DEL ORGULLO GAY en zonas públicas.. Ningunas.
Y aseguradoras de casas en Europa no es obligatoria, la única obligación de seguro es la del vehículo.
We own 4 houses in Cali that we bought back in the 90s...California has the most consistent rental market in the country...we never have a vacancy more than 1 month
I cant believe this podcast was just a few days before the wildfires! Wow!
Me coming back here to comment how timely this episode was. How many people have no fire coverage from the Pacific Palisade fires?!
I think I heard it was something like 69%-70% of people that didn't have coverage in PALISADES! YIKES 😮
California trying real hard to get rid of the middle class.
Screw CA and screw insurance companies too. Both are just as corrupt. Private Insurance companies are making a killing
Not just California
I have TALKED to people that has their homes burnt in Cali. Cali CONDEMNS THE LAND and then TAKES THE INSURANCE MONEY. This is a SCAM for Cali to steal the insurance money
They want people to move out so they can turn the state into the first state with 15 minute cities all over.
You mean Agenda 21…. Oh I thought that was just a conspiracy “You will own nothing and be happy” .
I want to get out of this State, but every time I turn around, prices go up on everything, and I can't save enough to get out. I feel like i'm being held hostage.
And if you leave you get taxed lol
Im sorry you're in that situation. Dumb question but cant you sell and move? I've seen lots of people selling their one home in cali and cashing out two homes here in az. All citing the same reason (politics, policies or taxes).
I did it. What you need to do it sell almost everything you own, except your most precious items. Take that money and use it to start over. There’s a lot I wish I would’ve gotten rid of instead of dragging it across the country. On top of that, the moving companies are super sketchy. They kept things of mine and they forced me to pay more money for not arriving on time when they left without any notice so I could not get ahead of them. So I had to pay them extra. They’re super shady. Anyway sell everything you can so you don’t need a Moving Company. Rent a U-Haul and get the hell out.
Start looking at areas you’re interested in. Do your due diligence.
You got to cut your losses and leave even if you move to a state like Ohio we might not have the ocean or all that but you can live a good life
@@catmomclark9053 When we left for Texas we were just so fed up with CA we basically just packed up and left. No plans or nothing. Just had to get out it was that bad. I bought a trailer on Craigslist as it was cheaper than renting, and towed a car plus what we owned behind the truck. It’s been three years and we are doing pretty good now.
I pay insurance on my homes , bikes , cars , workman's comp , general liability and more. I'm just one guy. This is robbery and nothing more. Funny , if you don't pay it , you can't work , can't drive , risk getting kidnapped and thrown in a cell. Refuse to be kidnapped and they will give the death penalty to you. All for not paying their extortion fees. This is unbelievable to me
We went to war with England over a 2% tax on TEA.
lmao. Washington is rolling in his grave
You know why though right? Bodily injury. When you write your car off they don't care about the 30 grand to replace your car, they care about paying for the family you hit and the lawsuit lol
Because you can't afford that scenario btw
@@connorwagstaff2348 How arrogant and ignorant are you to announce what a stranger can afford?
I say abolish the IRS please Elon n Vivek
My little bungalow insurance just went from $800 to $1200 a year after 8 years of ownership and zero claims. It's located in NorCal where we had the terrible Carr fire but that was 6 years ago and I'm not in the forested areas
Well maybe the fire risk is higher than you think. Insurance companies hire very skilled people to figure this out.
I have TALKED to people that has their homes burnt in Cali. Cali CONDEMNS THE LAND and then TAKES THE INSURANCE MONEY. This is a SCAM for Cali to steal the insurance money
It’s probably because those fires jump and they come into town and they go into areas you wouldn’t even consider. Look at what happened with the tubbs fire. It jumped the 101. Took out coffee Park. The insurance companies pay attention to these things. The Risk is there.
Is there gold or lithium under Cali? The NC people who got Helene flooding never had flooded before. They are losing everything. Many still in tents! Abominable
California has a mental health tax that's supposed to be used to get the homeless help, but California has more homeless than anywhere else. It's obvious that no homeless are being helped, so where's that money going to. How come the residents or anyone in power try to find out where all this missing tax money is going to?
California taxpayers should be outraged and take action.
Do you live in California?
Homeless are getting cleaned up.
Also, keep in mind that all the homeless aren’t just people from LA, they’re from around the country. People forget that oart
@@hectormorales6175
That’s a lie. There are homeless in California dying by the hundreds on the streets, in several California cities. Homelessness is a lot worse now, than back when I was growing up in the 80’s-90’s. This state is a mess and full of corruption…
Homeless across the nation love California. It's one of the states with the best climate, especially in socal, where they won't suffer from freezing temps of other states. CA is also one of the most generous (charitable) w its homeless. It will always be incremental.
that was part of Prop 47. Prop 36 killed that
Only problem i have with this is, they already raise everyones rates because of those things. I figured out my rates have increased 42% in the last 4 years. No tickets, great credit, no claims, and im 50!!
Mine is us 60% in upstate ny
Did you property value go up that much too over the last 4 years too? The math maths.
@@The_High_SeAs not just property value...cost to replace has increased by that scale as well.
How much have.cars.increased.in price? How much have car parts and labor increased? Have attorneys fees gone done in your state? Emergency room visits? Auto insurers are having to pay for all these and are required to have reserves to cover you if you do have a wreck. It's horrible but they can increase premiums or go out of business
You are on target to have yours doubled in 8 years, like mine did. And I live in a desert.
This sounds like a way for people not to buy a house, You will own nothing and you will be happy, WEF 😢
Sad
this it gloser day by day
Yes, we live in LA and State Farm dropped us last year with a short notice. And we live not in high risk area at all. We had to go with other company and the fire insurance got big increase for our house. damn Newsom.
how can we get rid of Gavin Newscum?
NationWide dropped me as well and I live in Sacramento, CA
Greedy insurance companies 😢
State Farm will not write policies in Florida either, at least not in my part. When they solicit me to get their car insurance, it goes straight into the trashcan. If they can’t write me for my home, they can’t benefit from my car insurance.
@@cg8603very uneducated and in feelings blaming insurance companies
Here in Northern California, the insurance companies were canceling EVERYBODY’s home insurance! You can’t have a mortgage if you don’t have insurance. The forrests are stacked up with dead trees, dead logs, dead branches- kindling.
I'm in Northern California and your 💯 correct...... its awful. The governor doesn't give any concern to our State!!!! Creepy guy..... and in the meantime PG&E rates skyrocket.
State of Jefferson!
I lived in Paradise for a while until the fire there. I live in Texas now but things had gotten pretty dry and bad for years before the fire started. Too little to late. That being said, the socialization of insurance will only get people dropped and like you say nobody will be able to afford to buy there.
Your mortgage company will put in a forced place insurance policy if you do not keep your policy current. So at least you will have coverage that way. It’s not cheap though.
My insurance was cancelled last year because the state reclassified my neighborhood as high fire risk. There are absolutely no companies that will insure us forcing us onto the California fair plan. This will only cover the cost of my remaining mortgage. If my house burns we will have to pay for the full cost to rebuild and replace our possessions out of pocket. No other problems with the home are covered under my current plan.
If you live in the rural foothill areas of Northern California you have already lost your hazard insurance or its coming soon. When you loose your insurance you have to get the State of California, Fair State Plan which there is NOTHING FAIR ABOUT IT! You will double or triple your premiums and that doesn't even include the contents in your home.
This is the plan. Placer County is becoming a sinkhole. It is sitting on a huge water table that the PCWA cannot mitigate. Most public restrooms smell like open septic systems now. Pay attention. They are getting ready for the geography to drastically change soon. They know something.
It's awful! We already pay TRIPLE for basic HO insurance! 2 years ago, HO insurance company just CANCEL us for no reason!
Same thing happen to me
They’re doing it to Nevada residents who’ve had the same company for over 20 years. Mind you the areas effected are no where near “forest” or similar climates. Such areas are close to fault lines…
I think insurance is one big scam . We pay and as soon as we need them , they pay half of what you thought they pay and then they cancel you...shameful
That's how PBD got rich. Ripping people off.
Pbd sells insurance
It’s a complete scandal.
One of the biggest scams ever
@@smelltheglove2038sad but true
Please cover Western North Carolina. I am begging. You have resources I do not have. I’m doing four projects to help people in the devastated areas, including a concert in Asheville in May. I talked to a friend from Asheville North Carolina, this morning and he said there are still families living in tents. Their only source of heat is hand warmers. Babies are being burned from hand warmers. God have mercy on us. Please Help us. Grace & Peace. 🙏
This is unconscionable
@ thank you, Chris. You have no idea how much it means to have people speak truth. Ty. 🙏
@franciehartsog1347 I'm so sorry you guys are going through this. The fellas at the VFW and i all got a a bunch of building materials and supplies together and sent them down on a tractor trailer.
@@smelltheglove2038 Thank you! People like you have come from all over the country and are helping us. They come on their own dime and use up their vacation days. These people are patriots! If not for you, the death toll would be higher. FEMA has let us down. We take care of our own in the mountains of Appalachia. But this disaster left us broken. We are a resilient people and thanks to people like you, eventually we will heal. God Bless you! 🙏
Are people still being denied Tony homes for some bogus inspection claiming it’s not safe when all they have is a tent most of the time I am curious if anyone knows the specifics or the reason they are denying people help.?
Maybe if Kommiefornia didn't spend the past 30+ years mismanaging forestry and 50+ years ignoring their power grid, they wouldn't need to try and force insurance companies to pay for their malfeasance and incompetence.
@@dholmes3307 this is happening nationwide though.
So they're commies because the government didn't do enough? Lol
@@dholmes3307 yeah it's happening everywhere look at Ashville and I'm califas so don't say kommie I'm no kommie I have military 🪖🎖️ family that fought for you dude and your family original Americans 5th generation. Now the governor is a snowflake kommie with a twist of rainbow but people of cali isn't so kommie dude lots of history and war heros it's ignorant smh
PG&E have owned every single politician for 75+ years.
The EPA is responsible for all of this. Fcku soft minded liberals
Being a California resident in a high fire risk area is literally a nightmare trying to get home owner insurance, PG$E is at fault and will not take responsibility for all the fires there outdated equipment caused and the Governor is in PG$E pocket
Newscum is Edison and PG&E are 1 teams.
We bailed them out… literally you, me and every single CA taxpayer..
Yep! And they keep raising the rates. We’re all suffering because they messed up and had to file bankruptcy.
Government needs to get out of the way .
Yea, because unregulated corporations have your best interest at heart.
I have one single fire insurance company here in California I’ve been paying 800 dollars a month and they’re now dropping all sorts of people entirely in my area in nor cal.
I cannot say for the rest of the state, but Kern County SCE for the last 4 years been replacing power poles and all the new components, transformers, transformorer plants, etc, and wrapping poles to protect from ground fires. They shut off power sadly in areas that haven't gotten updates, but the areas that have been updated they don't. I have this massive pole in my yard that could withstand massive wind gusts so far. I live in the mountains. Thank you for your time.
If CA would actually clean up their forests, wildfires would be less of an issue.
It would take the combined effort of both state and federal government to accomplish this as: "How much land in California is government-owned? The federal government owns about 47.70 percent of California’s total land, which amounts to approximately 47,797,533 acres out of 100,206,720 total acres. California ranks third in the nation in terms of federal land ownership.". I wouldn't expect this to ever be remedied, neither the state nor the federal government is about getting to the root cause of problems.
About 57% of the forests (and 47% of overall land) are owned by the feds (20 national forests in the state). Another 40% of forests are owned by private owners....individuals, families, corporations, tribes, etc. The states has a level of power over that 40%, but not absolute because the land is private. Try to do too much and they will have the "government overreach" crowd suing.
@@zombieapocalypse3837your making excuses they don’t have to do all the rural areas. Populated areas with brush nearby can benefit from live burns. It’s all about protecting the environment which I get but fires are a natural part of nature. Just burn the shit when you can control it maybe winter or rainy day. But that makes sense and with our cal fire budget you can’t say we don’t have the personnel or money to do it. It’s bs they don’t care.
Mostly national forest. Those are federal.
@@RavenousMarmot yes but for federal services provided in some county’s are done by local fire depts who receive federal funding to do the job because they have more resources. This is why for brush fires in the city of Los Angeles or the county are ran by either they city dept or county dept depending on whose closer to the national forest. The US forest service does not have many assets in Southern California due to the federal government theoretically pawning it out. Shasta area and northern cal is a lot of Cal fire as well as USFS. People don’t know this. They think it’s the usfs responsiblity when they contracted it out.
I lived in the SF Bay Area for 25 years; and left 25 years ago. My whole family left as well. For 50 years your citizens have voted in officials that created sanctuary cities, mismanaged land and water, PG&E infrastructure falling apart, cut funding to emergency services, DRS had to issue IOU’s, highest taxed state in the union and you have budget deficits, explicit content in your children’s libraries, illegals have more benefits than veterans, Hollywood elite and Disney going woke, do you need me to go on. My father worked for AC Transit, said in the 70’s, “progressives will ruin this state”; he was spot on. Bills were passed - ‘this is good for Californians, we’re progressive thinkers’ is what we were told, and those of us that were against it were called conspiracy theorists. ‘oh, that will never happen’ is what I was told. Look at the laundry list above. How’s that progressive thinking working out for you.
We live in a townhouse in San Diego our HOA went up $19.9% (max by law) + a special assessment. Both of these equal $1,572 increase this year! And the kicker is our HOA is only 60% insured so none of us can sell our homes! I told my husband as soon as we can get out, we’re doing it. Planning a vacation to Tennessee this spring to look at the different communities, school districts, etc.
What part of San Diego? So I know to stay away?
San Diego here also...in La Costa area. It is not sustainable for normal people. I don't know what to do. I cannot afford an increase and an assessment. I am borrowing from Peter to pay Paul.
I live in Memphis. Very affordable. Good city. Other cities (besides Nashville) include Murfreesboro, Chattanooga, Knoxville, Johnson City, Clarksville.
PLEASE I BEG YOU, STAY IN CALIFORNIA!
@@10tenman10 Memphis is the hood ... eastern TN is the goto place away from the cities, Tren de Aragua is now in Nashville
Hey you guys, I’m one of the person who used to live in Malibu before the 3018 fire. My insurance was Farmers and I had a renter insurance covering 100k personal property and 100K for getting on with my life in the aftermath.
In mid 2023 I receive a letter of non renewal with no explanations.
In the meantime starting in 2019, they raised my auto insurance instead giving me a break because all the qualifiers: no accidents, no tickets, 2 vehicles and renter insurance. I went to AAA for car insurance and after the first year AAA it went from $1700 roughly for 2 cars to
$2600. This year it jumped to $3400, and AAA also refuse me renters insurance. This is all on purpose! After the devastating fire of 2018 in CA, Malibu was devastated and my friend were given all kind of excuses telling her she couldn’t rebuild. She left CA, like so many. Not only they don’t care if people leave the state, in the contrary they want us out of there. Another land grab?! 🔥
It is not alright to not give people home and renter insurance which includes fire. This gonna have to change!!
Why should I have to subsidize people who choose to live in high-risk areas? Well?
@@chantalandreeberclaz6954 I’m sorry this happened to you and is happening to others. Insane prices
Time traveler here.
Good to know that by 3018 the californian goverment hasn't solved fires.
Insurance is a huge scam. You pay, but they dont.
Pbd made his money scamming people
And their marketing strategy is fear and lobbying.
Florida insurance is getting bad also.
If it is such a scam, I am assuming you are heavily invested in insurance companies OR you own one. It is so easy to make ignorant statements like you made on web sites.
All insurances and licenses are nothing but scams
Southern California is about to have a wake up call. Sales down, rents up, sales down, insurance up, jobs down, gas up, food up, utilities up, etc.
The vote for Demorats that are all Grifters.
The premiums are more, and you better not make a claim they pay you 6 or 8 months later your premiums double
My homeowners went up 30% last year in Eastern TN $900 to $1200. Just because Erie decided to raise all rates. Flood insurance on my house at the shore in NJ would be $11,000 if I had a mortgage on it. Trust me the house is not a mansion. It's from the 50s. If I wanted just $50,000 in flood coverage would be $5,000. What a racket. I can put that money away in a savings account just in case something happens to it.
You're talking about $1,200 which sucks on a percentage basis. People are getting renewals for $60,000. $10,000 is considered good out here.
LOOK WHAT FLORIDA HAS DONE
Go back to jersey. Tn has enough yanks
With California already being THE MOST DIFFICULT AND MOST EXPENSIVE STATE to own a home, they make it even more difficult to buy and own a home. As I had mentioned before, UNLESS you're already a home owner OR you're a high income earner, 99% of the renters in California have no choice but to keep renting. And the dream of being a home owner becomes more and more out of touch and unrealistic for most of us. It's almost like what they're doing is entirely intentional to keep the renters keep renting and the "HAVES" make more and more money. Anyone else feel like that? Can you really blame me for feeling and thinking this way?
I think you are smarter than you give yourself credit for. If property gets so hard to buy for regular people there are plenty of rich corporations or people from other places (countries) who can afford the high costs. The word we never hear anymore is ETHICS. Business ethics is not part of any corporate entity. Money is all that matters. It is the driver of all corruption in our state and federal political class. Weakness should be pointed out as bad. Weak politicians equal easily bribed politicians. They lack moral compass. Vanity & fame & notoriety & greed etc etc. all the things that makes for a bad person, those are the same things ruining the state & the country. It’s also why the country voted for a change! You’re not crazy. You’re right.
Consider this, PBD: PG&E and the CA State consistently fail to properly manage forests and maintain critical power equipment. Yet, when disasters occur due to their negligence, the insurance companies pass on that financial burden to its customers; the average American homeowner via higher premiums and increased costs. It’s an unjust system-tax payers shouldn’t be carrying this financial burden, PGE should! Secondly, those who play by the rules and strive to do the right thing end up shouldering the largest burden, while others, including those without jobs or here illegally, often receive extensive support using our tax dollars. It’s completely F-in backwards, this creates a system where being responsible, hardworking people feels more like a disadvantage than a benefit. It’s a deeply flawed system that completely undermines a fair and equitable capitalist model. In short; hardworking average Americans trying to live an average life are getting screwed into impoverished situations, living check to check with a good job! Were getting it from all sides.
Bought a home 3 yrs ago in N California my wife just had to be a homeowner. My mortgage and insurance tripled from what my rent was in a nice four-plex we have no kids they are all gone. She's happy owning I'm not sure, we have enough money but God I try to tell her the money we could have saved renting far outweighs what this house will be worth in ten years, plus now we have the expense and headache for the upkeep if your rent is reasonable with great landlords stay renting and bank the extra money.
If you don’t mind me asking, what county?
@skymaster9484 if your wife doesn't earn the money, pay the bills, or understand how the economy then who cares what she's wants and she shouldn't get to make any decisions. Women are clueless and they will drive a man into debt just because they want something. Keep your woman in check.
1,400 - 1,600 to rent a room in San Diego.
Be a man . Simple you bought a house during peak time your in a horrible spot
@ why would you stay there and put up with that?
I love how you broke down the XAI303e project in your video! Can’t wait to see it skyrocket!
I’m going through this currently near the Tahoe area. We have to split our insurance companies to get full coverage, we’re looking at a quote for almost $600 a month for insurance for our ONLY option if we want the house. Proper forest management would definitely go far, but that’s never going to happen again thanks to the Sierra Club and asinine laws/policies voted in by the politicians in Sacramento.
Friend bought a huge expensive log home in Alpine California in approx late 90s.. Cut down two huge trees down near HIS home on his property feared fire danger. Got fined approx 750 USD per tree.
Did he keep the wood? Sell the wood to recoup some of the fines 😂
Were the trees on your own property or on forest service property? If you cut any trees on forest service property without a permit you will be fined. The good thing is that a permit is cheap, especially if the tree(s) in question is a danger to your property. I had a dead tree near my property which was on forest service land, got a permit for $10, and we were both happy and I had a pile of fire wood. So I'm just wondering about your situation.
Make sure its on your property before you cut tree down
@@papapillcosby Good point cant remember,
@@r.mucklin1703 ON HIS PROPERTY!
We here in Nebraska are feeling it too my homeowners insurance went front 1100$ a year before last with a 500$ deductible last Feb it went to $6,000 a year with a 5,000$ deductible and just got a letter saying the next policy will go up 40% and they say its because it costs more to fix them now
Shop around!
Can't believe I almost missed out on Cardano and XAI303e! Thanks for the heads-up in your video!
Colorado is going through the same thing with insurances leaving the state. If you are lucky enough to have your homeowner's policy renewed in most cases the increase is much higher than the year before. I spoke to a gentleman whose premium went up 100% from the year before. I also spoke with a retired older lady who is on a fixed income and her homeowners went up an additional $40 a month which cuts into her budget for her grocery's. She has no claims history to my knowledge. It is just sad times right now. We are damned if we do and damned if we don't.
@@user-lk3gu6ik7d might as well "don't" then. Imagine if we all said "Enough!" all at the same time. That's how change happens.
@ but if we don’t, then the mortgage company imposes their own insurance which is even higher. If you are a homeowner with a mortgage you are screwed. You have to have coverage one way or another. No chance of self insuring when you still owe the bank.
Colorado may be up for grabs by mining companies like North Carolina which is on top of massive lithium and pure quartz crystal.
Went from 1.1k per year to 4k woth farmers. Shopping around for next year and hard to find another insurance 😡
Did u try California casualty???
Some what older news, but another aspect is this is killing real estate transactions as well. Clients can't get insurance or it's so high it disqualifies their mortgage approval or above their preferred budget for home payment.
It really does, I Sold Real-estate for 10 years, it would & is hard to make a living doing that nowadays!! I Loved it tho.
While you make a valid point, let me give a little perspective from a survivors standpoint...Paradise 2018. 40k+ individuals from several communities, destroyed by wildfire sparked by faulty pg&e equip in a small mtn community, fueled by high winds (common in the canyons here that time of year), undergrowth no longer mngd by cdf (since the 80's. thanks to feinstein & cronies who can't move their arses from the bay or their noses from doners hinnies) & a poor or nonexistent ems, descending on a small college town. Fast forward to post bankruptcy (pg&e) where survivors were declared creditors rather than victims (to reduce pg&e liability) screw #1. When the dust settled & decision reached; municipalities, hospital & INSURANCE COMPANIES were reimbursed FIRST (before survivors, who by the way, are STILL waiting for measly crumbs 5yrs later!) screw #2. Some insurance companies refused claims claiming insolvency, some only paid partial claims, some honored their contracts. ALL OF THEM were reimbursed their loss from the Trust setup for survivors! screw #3. Now those same companies charge outrageous premiums (if, they will ensure you all) or have decided to remove their services entirely from the state. EVEN IF you had been a customer for several DECADES that had never filed a claim & never had a late pymt. screw #4. As you can imagine, we don't give 2 shakes about the "poor insurance companies".
Honestly, if folks were smart, they'd post their own bonds to insure their assets and tell the others to stuff it. Governance in Cali has gone to the hogs & they're all gluttons. BTW, my family has resided here for over a century & a half
I've been renting for a while. I'm single, no kids, rent and basic addons is $1,500 a month. To own a home in my area the payments and insurance (not including maintenance and your time) is $2,500 a month on average. I'd rather have that difference in money ($1,000) in a brokerage account every month earning 8%-9% a year. And that's exactly what is happening.
Yeah and it's also just way less stress when you can just call the landlord to fix stuff instead of having to pay and do it yourself.
How about we get rid of insurance all together. I’ll rather take a loss than pay insurance on anything
The insurance companies have left California because of regulations preventing them from raising rates necessary to cover losses. This new policy will probably just make it worse.
Offering fire insurance with no forest management or water in hydrants would be like offering car insurance to cars with no brakes.
My buddies insurance for a wild Fire jumped $9000 in one year and now the insurance company no longer offers a policy. So they’re shopping around.
Same here. What a mess.
That's just ignorant
Should be all or nothing
He'll probably have to get ca fair plan and a DIC policy
This is the same insurance companies that were in Florida. They moved out went other places.
Altadena is in flames as I’m watching this. 😂 California is a absolute sh*tshow
Goose bumps watching this now
PBD said health insurance is all good when the Luigi incident occurred. But now he doesn’t like it when insurance gets any regulations. Insurance is in no way close to free market capitalism. It’s all a total racket…
He's a grifter who defends grifters
Imagine being stupid enough to think these regulations aren't going to make insurance more expensive
My mortgage is going up $800/month to cover new fire insurance I have to purchase thru the California fair act plan.
I’m just an electrician that don’t live beyond my means. But this increase drastically cuts into my means!
I'm commenting before I've seen the entire video but State Farm also said if they're not allowed to increase their rates by 50% they will be leaving the state. That happened in 2024
They raised my car insurance over 1K Farmers Insurance with no accidents no tickets no points clean licence.
So, now looking for a home here is even more impossible.
Between out of control PG&E rates and Homeowners Insurance it’s no wonder people are walking away from buying houses
Insurance premiums are going to cost more in risky areas…gulf coast, Florida coast etc…deal with it if you want to live there. Also, insurance companies need to charge higher premiums to hopefully reduce their loss ratio. Reinsurance premiums are also high. This is all actuarial based.
Wasn't just home owners. Last year we had to pay our auto policy in full for 6 months or we would get dropped and I tried to shop around for a new policy to do monthly payments and no one would start a new policy. It was a nightmare.
If you have a relative in the military, try to set up a USAA policy. They are the best!
Use Tesla insurance I got a great price month to month.
I live just below the San Gabriel mountains rarely do you see maintenance being done on the forest in order to prevent wildfire any turnout is a potential fire hazard they will literally leave dry brush and gigantic piles over the weekend when they do work literally setting up a bonfire
I'm in California and it is difficult to find an auto or home insurance. The insurances taking new accounts are small time insurances with lousy coverage. I had to go with AAA which is very expensive, but I get discounts because I moved all of my accounts to AAA.
I live in Running Springs California. The huge fire in the San Bernardino Mountains was real close this time. We evacuted for over a week. I am mandated to have special fire insurance. It's one of the reasons I'm moving out of this state besides not want to live in a fire area anymore.
I have 3 cars and this is ridiculous .. I live in California
you should move
Yes, it's not only home.. the auto rates went up as well..
LEAVE.!
What's stupid is that in other states, only the driver needs to be insured, not the vehicle
@@teddymarquez4065Imagine being stupid enough to think what is happening in California won't happen elsewhere. What we all need to do is fight.
You called it a month ago and now XAI303e is blowing up glad I listened
Got dropped by Allstate a couple years ago and this year, Farmers no longer covers the fire portion of our policy, so we have to go to a Calif state plan. Never had a claim. I've heard of some people insurance going up 3x the old premium. ALL because Calif won't do their job in trimming overgrowth and maintaining electric plants. It's insane!!!
clueless politicians, voters who dont know a thing
15 million illegals being parasites in California
I left Ca in 2021. I lived in a wildfire area and was unable to find insurance through normal sources and had to get fire insurance from the state. Cost in 2020 was $9,000 per year and another $1,000 for liability. The rate in 2021 was reportedly going to be $11,000. Who can afford or more importantly why would anyone be willing to pay such outrageous rates?
I have 20acrs in a wild fire prone area and we pay alot for insurance and I'm not mad about it but this mandate sucks
Here in Colorado, if you live in a WF area, you can get an assessment by the Forrest service , which gives you suggestions on what to do to make your home less likely to burn in case of a wild fire. Most people take care of the issues around their new home in order to receive / lower rates on their H.O. insurance
The potential of XAI303e is unreal! Excited to see where this goes after watching your video!
We live in the mountains. Allstate did this to us 2 years ago. We had to go with the California Unfair Plan. Our insurance went from about $1200 per year for fire and homeowners to $4500 per year. My neighbor has a new house and his went up to $10,000 per year. We will probably be forced to move out of state next year when my husband retires because we just won't be able to afford to live here anymore even though our house is almost paid off. We can't afford to pay a 4 figure rent or else we would just sell our house now and rent.
Not that I really agree with anything California has in policy, if they don’t require ins providers to write coverage and home owners are “required” to have ins coverage due to mortgage or hazard zone requirements, then what is a person supposed to do? If they can’t get ins then the home just never sells again and is abandoned? It’s getting difficult in Houston due to flood zones. I know ppl in FL facing similar issues. But at some point between earthquake, fire, flood, hurricane, tornado, etc…. There will be more “high risk” areas that just aren’t provided an option?
Again I’m asking because I don’t understand the solution here….
For the last two years, my insurance company, Farmers, has canceled my homeowners insurance. 1st time saying my 10 year roof was bad, called a roofer, he said hail damage. Filed a claimed, new roof. 2nd time, they said we didn't have enough insurance on the house. OK. Up our insurance and up our deductible. We usually get the letters at the end of May. I can't wait to hear the next cancelation excuse. Taxes and homeowners insurance are like making a house payment every month without the loan.
Insurance is becoming a rip off. It never covers you in your time of need, but you need to make the payments. Any insurance, expect your claim to be denied and you need to get a lawyer and fight for it. Due to inflation, don't expect interest rates to fall too much. The only flexibility on housing that can be adjusted is price of the home, so I expect a bloodbath in housing prices in the next 2 years. All the other expenses I expect to keep creeping up with true inflation rate, which is probably 7% expecting to go up, not the one that's reported.
I live in a major city in California with no risk of wildfire and my insurance still went from $900 to over $2000 this year alone
The state should handle insurance, not the private sector. The cities in the Southwest of this country are built in deserts, droughts and disasters are bound to happen.
Then con men like PBD can't get rich
Exactly
Then you’ll have everyone’s insurance go up…so when the poor people have to help pay for mansions in the hills
Don’t complain
Colorado went through the roof too. Now it is considered a "high risk state"
The main reason for all these terrible laws is to get people to move out. Cali used to be one of the main commerce hub for America. No more!
We had a huge wildfire due to PG&E negligence where we lost 40 homes. Most of the residents have lost their insurance and are now paying a ridiculous amount using the CA fair plan and a wraparound policy. Insurance companies are dropping all insurances and we have very expensive homes !
State Farm has dropped so many homes!
Our forests need better maintenance. We have extended the brush clearance from our properties from 100 ft to in my case 500 ft!
My homeowners insurance was dropped for “cracks in my driveway”, and they didn’t even have the decency to allow me to fix said issue.
They just want to dump you
Is this aging well??? So many fire victims had their policies canceled.
My parents live in the mountains and fire insurance has killed their retirement
Well why should they get bailed out and subsidized for their choice to live in a risky area?
They shouldn't be bailed out by the government, the should be bailed out by PG&E for making all of rural northern California uninsurable.
There is something else going on. My son's insurance company declined to renew his policy claiming he is in a wild fire area, Yes, it is a hilly community, but just surrounded by grass, NO trees for 100 miles in any direction and is not remote and highly accessible and defendable on all sides. My daughter had a hard time finding coverage for her home for the same reason. But her house sits in the San Joaquin Valley on flat ground, in the middle of agriculture property.
Not to mention pg&e has been approved rate hikes for many Californians. People are selling their houses up in the mountains because they can’t find insurance after the camp fire up in paradise.
Ive got two cars with All State 1 with full coverage and 1 with liability only. Im paying out 600$ a month. Its getting ridiculous
I would also like to add that just 2 years ago i was paying $170 a month for those same vehicles. This is why people are full of it with the insurance companies.
@@joseparedes9886 my car is worth about 900 bucks. I pay 258 dollars a month. I live in a no fault state. Why is my liability insurance insanely high when the other person, whose car is most certainly worth more and is forced to pay full coverage if it's still being financed insurance will also pay out? It's a huge scam. All of it. Insurance doesn't work when you have 100 million plus people driving around with no license, no insurance, illegally here in the first place... ugh.. I'm so exhausted by it all.
@@joseparedes9886but it's not really the fault of the insurance companies, is it? The costs to repair and the risk of accidents are simply going up, and they're responding.
Just got an increase on my auto insurance. The lady said a general increase for everyone, I asked where was that memo? She said we don't have to notify you! I said it then looks arbitrary, or punishing me for a fender bender the year prior, where I was already punished. My car is not worth anything to boot.
California is also working on getting insurance companies to get people to report to them if they have a firearm in the house and mandating that the companies report who has them to the state.
Unbelievable
Imagine paying $100/month to have a fire extinguisher in your house... and you pay year after year after year... then one day there's a fire in your kitchen and you use the extinguisher; and it does its job... but now, that company that rents you the extinguisher is pissed because you finally used it and now you have to pay $150 a month... thats insurance for you - a punishing business... itd all good when you never need their services but the minute you do, they wanna bend you over and make you pay for it.
The cost of Insurnace (homeowners, P&C, health insurance) is increasing faster than inflation and almost double the wage growth rate.
We didn’t even hit our deductible last year for health insurance and we just got an announcement our premiums are going up 30% this year and our already high deductible is going up another $7,000!! How is this legal?!?
It’s become absurd and the Insurnace industry is attacking the middle class with government protection for all of it.
Something needs to change
I met two people in vegas. They were complaining about their costs of living. The homeowner wanted to trade places with the renter!
I live in Oceanside Ca about 8 miles inland from the coast. The only reason I have homeowners insurance is because my mortgage company requires it. When and if the insurer drops me, I pay off the mortgage and self insure.
Same here,if they try to raise my policy even more I'll pay the house off and stay fir a while without insurance
How convenient. New fire just broke out in Southern California
Illinois Homeowners insurance going way up as well, mine went up almost 60%. When I went to shop around to different carriers, they all were increasing between 50-65%
I've lived there on the beach in California for 76 years. It's expensive, and many have moved elsewhere.
Happy New Year. The premiums for my condo went from $65,000 a year with Faremers to $875,000 a year on ‘the Market’. The condo is considered commercial property so it exceeds the value for the California’s Fair Plan. Also wheee I live are a lot of eucalyptus trees. The green spaces with the trees can’t be properly maintained because the maintenance (trimming trees, clearing brush, etc per fire code) violates CA endangered species and environmental acts. So, yeah I am financially screwed. The HOA cost is now annually more than my mortgage with the special assessments.
Bought XAI303e after watching your video, super excited!
I can barely find a place in California they want everyone to have a 600 + credit score I have that but I need to roommates to pay plus the high-ass deposit rent. You have to have check stubs credit report proof of renting before they even show you the unit plus $45.00 per application 😭😭
I hear what they are saying but year after year they have widened the wild fire areas. They include hill areas, where houses are in lower areas, few houses ever burn, just the hilly grass areas. They have tripled the cost of the Insurance, that is mandatory if you have a mortgage.
I'm glad I sold all my rentals, now I have ETFs! The best decision ever made! I sleep comfortably without the loom of Insurance, Taxes, Hvac, roofing, plumbing etc going south fast! Real Estate is done in America!
I’m a realtor in LA county, Santa Clarita. We have fire zones which is why insurance companies are leaving or cost an arm/leg. Most condos in Santa Clarita are Non Warrantable, meaning most loans will not qualify to purchase real estate. Condos are the most affordable (~$500k) in my area.
The low income guy in an in lil house in suburbia gets to help pay for wildfire insurance for mansions in the mountains and along the coast. :)
So unfair - the wealthy can afford to rebuild - the poor can't afford a new shack.
Lmao. The timing of this, is PERFECT.
My family owns a 12 unit apartment building in Hollywood. Our insurance went from $5,000 to $13,000 a/o 2025. Guess whose rents are going up? That would be ours because of rent control
@@garyfain7235 buy property they said, it's a good investment they said.
Goood. Housing is a right and should not be for profit
Says the parasite about everything
@napwithus it's not though. What you're advocating for is slavery. Every time you demand that goods and services are a human right, you're saying the people who provide them are slaves.
@@smelltheglove2038nothing you can do or say will change the mind of a leftist. It’s a mental disorder. May as well argue with a stop sign. Nothing you say to it will change it to a go sign.