California homeowners will no longer be able to apply for business or personal property insurance policies with State Farm, as insurance companies have been leaving disaster-vulnerable states. Steve Patterson has more.
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#StateFarm #Insurance #California
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one thing everyone should know is how to build a home. It is not very hard. Construction workers are for the most part high school dropouts. They are the F student that sits in the back of the class, not doing any work, disrupting the class, not turning in homework, etc. Those are the students that end up working in the construction industry, not your straight A or B students. Those losers bring the same work ethic to their daily construction job. Which is why construction costs are through the roof, because you spend more time dealing with these losers and their egos, their failure to show up to work, their drama, than actual working. That said, if those F student losers can do it, then anyone can. My advice, learn construction yourself. At least they should teach it in high school as a requirement. You can build a better house for less money and less time if you learned it. If you have common sense, a basic physics book, and basic math skills, you should be able to build one better than those losers. Every tool you need can be bought cheap and at home depot/lowes. Watch some Youtube videos and you are on your way.
State Farm is stating that it’s Prop103, but I remember when State Farm dumped everyone in Mississippi after a major hurricane. It seems this is the way they do business.
Horrible company. Glad they are publicly showing their hand.
If I paid into insurance for years, I lose my home and they refuse to pay. I'd actively work to help them understand what it feels like to loss everything.
And another group leaves california.. its a sign
Oh come on state farm give us a fun little jingle and be there for the Californians you can handle it
Insurance companies are funny, when people are owed money from them, they take their time. Yet, when insurance companies are owed, they want immediate payment from customers. Insurance companies need to be put in check
No insurance shouldn't cost a arm or leg that's why prop 103 was put into law
Insurance companies are frauds
So they don’t do insurance anymore? What’s the point of their business?
CALIFORNIA needs to fix this. Its BS that you let companies take advantage of residents like this. The same way you force people to get these insurances (home,car,ect.) You should hold these companies accountable. They should not be allowed to pick and choose what they will and won't cover.
No State Farm in RISK states. CA is not immune to Natural Disaster as we know. To be honest, why build in risk states anyways? We already know that FEMA doesn't react quickly due to internal resource risk management. Is there a mentality of My House which somehow doesn't understand the structural capacity of a House? Look, Weather is destructive and extreme weather is very destructive. Even the people at HARP know it's virtually impossible to stop a Tornado or Lightning Bolt. So maybe State Farm is smarter than the territorial home owner. OR should we see what they are doing as discrimination. That's right discrimination! against Risk Taking Home Owners who want to be able to rebuild their house 20 times like God intended them to. If I were an insurance company I would do something Genius instead. I would create an insurance plan that is specifically adjusted to each destruction type and then never sell a bulk package. This way the insurance company can profit both by selling multiple insurance policies AND at the same time play WHEEL OF DEATH on homeowners who only buy Flood Insurance but Do Not buy man eating piranha insurance. [Which is a separate policy of course] nuff said.
Now they need to do that here where they v are building too many houses where we just had a wild fire burn through three cities. California's moving to Oregon and ruining this state now too. Go back. It's already too crowded in Southern oregon.
Another one bites the dust
Eichler homes burn in 12 minutes. Insuring them?
They say its about natural disasters but we know its really 3 letters
Nationwide isn't any better.
Then state farm should no longer be considered a legit company. You cover and care for no one.
This is how State Farm cancels themselves.
Dont run when yoh losse greed is legal.😢😢😢😢😅
Maybe they should stop paying millions to profesional athletes for dumb commercials. They'll gladly take your insurance money if you live somewhere safe. What a great way State Farm is making themselves look bad
Stop forcing Californians to have car insurance see how these companies like it.
Isn’t it funny that’s what they are, an insurance company is there to pay when there are disasters. You take in all this money then it’s not there when you have to pay out. People who’ve paid in 30 years, and never file a claim what happened to all that money. Don’t give me a sob story. I don’t live in disaster prone area. However if I did I’d trust that my insurance company would be there for me.
Can’t blame them at all. I’m a State Farm policy holder that doesn’t want my rates raised because California burns to the ground every year.
Another reason to leave the Godforsaken place
California is such a dumpster fire 🔥
California Insurance department is too slow to allow insurance companies to adjust rates. I’ve seen this in the LTC and LTCi insurance markets. We used to have more choices. We’re going to have similar problems as Florida if we don’t fix it.
HA! That is hilarious.
CA is reaping what it's sown.
they dont wanna pay up 😂
Of course, its all about them making money
"State farm is there. Until you actually need us."
so basically they are saying they only want to take your money not give you any in case of a disaster??? ok i see how it is
Peoples homes on fire…wouldn't be surprised to see state farm offices on fire too😏
State Farm's new logo is…
the MIDDLE FINGER! 🤣
You can always rebuild, but if God decides to take it right back out, then you can rebuild all you want to and he'll keep taking it out if he doesn't want it there.
If it's something brought by God as a judgment against you for whatever reason, then you need to turn to God when you don't understand and ask him why!
Let him reveal the answers If he keeps destroying your structures
They are making a profit they just feel like they should be making more off of vulnerable people …I hope other insurance companies fill the gap and that state farm never dare come back!
insurance has been a scam since the old testament 😛
insurance is a scam. it should never be required.
Something big is coming to California. They know something we don't.
Well, our house burned down.
Lets build another wood house.
D___ A___!
Good for State Farm… get while the gettin's good. They can't finance a willfully wreckless building pattern at the expense of… everyone else. Could be a bad sign or a good sign, as far as overall company health.