People of California please take care of your respiratory health. Take a look at my respiratory routine to help you protect your lungs and breathe a littler easier through this fire.
They had an insurance crisis before this fire... But it will be decades before they start to rebuild.. Then there are the court cases that will take for years to settle then they might start to rebuild.
I’m an insurance agent for Farmers Insurance and I’ll say this; if you’re struggling to get home coverage, ask your agent for a DIC policy. Essentially one insurer will cover you for fire, and the other will cover the rest (wind, hail, storm) etc. Remember, this is the last resort, if you can’t get approved for anything.
People are required to have house insurance. How can you have house insurance if the insurance company drops you before an impending doom. That is something the insurance company and the state of California have to contend with each other, not the home owner! This is a loophole that the insurance company is exploiting. We as Americans need to stand together and fight against these giant corporations. If they are going to take our money, they need to cover us through every disaster not just when they make money. That is a gamble these companies are taking. Either you’re all in or get out of the game. The California government needs to take some responsibility as well. Where is all the money going to ensure the well being of the people? Why are you in office if you are not for the people?
Home insurances in So. CAL right now: Under section 37B I the undersigned shall forfeit all rights, privileges and licensed herein and herein contained. Etc etc, fax mentis incendium gloria cultum etc etc membo bis punitor delicatum! You get NOTHING! YOU LOSE GOOD DAY SIR!!
If govt. Might had allowed reinsurance than this might not be problem as reinsurance could have cover some part of losses which would help getting claim to more people.
@@dirremoire Except that they DO pay claims. The contract between insurer and insured provides that certain losses will be reimbursed, or in the case of a liability claim, the burden of the judgement is shifted to the insurer up to specified limits. Higher limits increase risk and therefore, premiums. Are there some bad apples within the industry? Yes. That's what A.M. Best is for, do your homework. Can insurance restore your life with a snap of a finger after a catastrophic loss? Only in fairy tales. Fraudulent and padded claims cost the industry billions and as in ANY business, that directly affects the cost of the product. This is a fight THEY HAVE TO FIGHT every day. Think about it..
People of California please take care of your respiratory health. Take a look at my respiratory routine to help you protect your lungs and breathe a littler easier through this fire.
They had an insurance crisis before this fire... But it will be decades before they start to rebuild.. Then there are the court cases that will take for years to settle then they might start to rebuild.
I’m an insurance agent for Farmers Insurance and I’ll say this; if you’re struggling to get home coverage, ask your agent for a DIC policy. Essentially one insurer will cover you for fire, and the other will cover the rest (wind, hail, storm) etc. Remember, this is the last resort, if you can’t get approved for anything.
They should learn how to live modesty in the future. It is not necesery for them to be rich people, only just alive people.
Losing many homes ya insurance would cover that that maybe outta the league for sure
People are required to have house insurance. How can you have house insurance if the insurance company drops you before an impending doom. That is something the insurance company and the state of California have to contend with each other, not the home owner!
This is a loophole that the insurance company is exploiting. We as Americans need to stand together and fight against these giant corporations. If they are going to take our money, they need to cover us through every disaster not just when they make money. That is a gamble these companies are taking. Either you’re all in or get out of the game. The California government needs to take some responsibility as well. Where is all the money going to ensure the well being of the people? Why are you in office if you are not for the people?
Why am i not surprised this was bound to happen. Insurance is the biggest legalized extortion racket going in any country.
That's why no one should have insurance.
Amish have their own.
There's no law that says you must purchase it.
Home insurances in So. CAL right now: Under section 37B I the undersigned shall forfeit all rights, privileges and licensed herein and herein contained. Etc etc, fax mentis incendium gloria cultum etc etc membo bis punitor delicatum! You get NOTHING! YOU LOSE GOOD DAY SIR!!
Scrape All the tarmac back to basics; sewage,water, power.. & live in vans, mateys !
Perfect that’s what we need more homeless.
Insurance paid the government some money so they don't need to pay home owner.
This is asinine. You couldn't sound more foolish if you tried.
If govt. Might had allowed reinsurance than this might not be problem as reinsurance could have cover some part of losses which would help getting claim to more people.
Don't cry . this is capitalism.. enjoy..🎉🎉
You must live in a tent...
Seriously, this is really how capitalism works. Insurance companies don't make money by paying claims.
@@dirremoire Except that they DO pay claims. The contract between insurer and insured provides that certain losses will be reimbursed, or in the case of a liability claim, the burden of the judgement is shifted to the insurer up to specified limits. Higher limits increase risk and therefore, premiums. Are there some bad apples within the industry? Yes. That's what A.M. Best is for, do your homework. Can insurance restore your life with a snap of a finger after a catastrophic loss? Only in fairy tales. Fraudulent and padded claims cost the industry billions and as in ANY business, that directly affects the cost of the product. This is a fight THEY HAVE TO FIGHT every day. Think about it..
Omg prayers
why would you live here
It will take only a fraction of funds delivered to Ukraine to bail out this disaster.
China nou on fire.
Schandong
Move to Reno, Nevada or Las Vegas whit zero state income tax.
Saar America is the best country in the world saar
THE END OF SUPER POWER america !
They never had any ''power'' to begin with.😂😂 God Almighty holds all the power.
Humans are frail, fickle and weak.
recall newsome
Don’t worry if Trump will take care of tick toc then he can do the same for the people that lost their homes in California, No problem.
😂😂😂😂trump 🇺🇲 print more dollars 💵💵💵 don't worry