6min chapter

On Point | Podcast cover image

The broken home insurance market -- in California and beyond

On Point | Podcast

CHAPTER

California's Insurance Crisis

This chapter examines the withdrawal of major insurance companies from California's home insurance market due to catastrophic events like wildfires, exacerbated by rising costs and risks. It explores the implications for homeowners facing coverage challenges and the reliance on the state's fair plan amidst a fragile insurance landscape.

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