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California's insurance crisis has reached absurd new levels as even LOW-RISK homeowners are being pushed onto the state's 'last resort' Fair Plan. Despite living miles from fire danger, thousands of Californians with spotless insurance histories are being abandoned by their carriers. Our analysis of CBS News data reveals the shocking truth: 10 TIMES more homes in low-risk areas are on the Fair Plan than high-risk ones! Why? Insurance companies can't make enough profit under California's restrictive regulations. Meanwhile, state leaders blame 'price gouging' while homeowners face skyrocketing premiums for less coverage. Is anyone surprised that decades of misguided policies have created this mess? From insurance deserts to $8.43/gallon gas predictions, California's regulatory nightmare continues to punish everyday taxpayers. Subscribe now for more coverage exposing how government meddling hurts the very people it claims to protect!
By Sean Reynolds4.4
8787 ratings
California's insurance crisis has reached absurd new levels as even LOW-RISK homeowners are being pushed onto the state's 'last resort' Fair Plan. Despite living miles from fire danger, thousands of Californians with spotless insurance histories are being abandoned by their carriers. Our analysis of CBS News data reveals the shocking truth: 10 TIMES more homes in low-risk areas are on the Fair Plan than high-risk ones! Why? Insurance companies can't make enough profit under California's restrictive regulations. Meanwhile, state leaders blame 'price gouging' while homeowners face skyrocketing premiums for less coverage. Is anyone surprised that decades of misguided policies have created this mess? From insurance deserts to $8.43/gallon gas predictions, California's regulatory nightmare continues to punish everyday taxpayers. Subscribe now for more coverage exposing how government meddling hurts the very people it claims to protect!

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