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Orinda homeowners hit hardest by insurance companies refusing to renew coverage 

KPIX | CBS NEWS BAY AREA
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Andrea Nakano reports on Orinda being hit hard by insurance companies not renewing homeowners coverage.
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30 апр 2024

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Комментарии : 54   
@leukybear
@leukybear 20 дней назад
Insurance companies placing bets that the next big wildfire will be in Orinda
@jbsbayarea1
@jbsbayarea1 19 дней назад
homes prices are outrageous out there. Nice area but too many problems with homes on the hills.
@drowe2
@drowe2 19 дней назад
If they think insurance is going up wait until they see the pg&e rate this summer starting $0.62/kwh
@pyronac1
@pyronac1 19 дней назад
insurance companies needs to be forced into non profit organizations. or they should be forced to return all premiums paid if they drop someone. they should not be allowed to just drop people like this.
@markmedley6849
@markmedley6849 19 дней назад
That is a really good point. At least a portion of the premiums over a period of time. The people didn't do anything wrong.
@PerfectoKiss
@PerfectoKiss 19 дней назад
Where is Newson? Nowhere!
@LuckyDuckie115
@LuckyDuckie115 15 дней назад
Lol these are 5-15 million dollar homes, why the hell would newsom help
@davidwright873
@davidwright873 19 дней назад
It's an excuse due to the cost of a rebuild....Listen, if i was in the bizz, I wouldn't wanns shell out either...I hope people don't take it personally....If everyone has a million dollar home, then what?
@philipbanks2462
@philipbanks2462 19 дней назад
I heard after the '91 Oakland hills fire those who's houses didn't burn ended up kicking themselves bc all the less fortunate neighbors all got huge brand new homes as replacements
@masonite1973
@masonite1973 19 дней назад
but still pay high taxes and insurance
@louiec9534
@louiec9534 19 дней назад
what is the point of insurance if they get to choose where or who they want to insurance, this country is done for 😮😮😮
@yangyangdeng7205
@yangyangdeng7205 18 дней назад
Exactly, easy money, pure scams
@romeysiamese6662
@romeysiamese6662 19 дней назад
After years of paying $$$$$$ into Insurance Co. coffers- their definition of “sustainability” is a Big FU to homeowners.
@UncleDavesKitchen
@UncleDavesKitchen 19 дней назад
I'm in Phoenix and my home insurance is $1400 a year. I'd love to live in beautiful California but holding tight here.
@peterbedford2610
@peterbedford2610 19 дней назад
Future open space..east bay regional parks may have a new source for more land
@yasmeennasir8286
@yasmeennasir8286 19 дней назад
Its not just those in Orinda. My parents live in Pleasant Hill. I have a feeling its a designed racket. Just wild times
@user-zq4fv8sj6v
@user-zq4fv8sj6v 20 дней назад
The queens of CANCEL culture….. CANCELED!!!!! 😂😂😂
@ElektroKinetik
@ElektroKinetik 19 дней назад
Class action lawsuit against insurance companies taking all the years of premiums then dropping customers
@raUL-ik4sn
@raUL-ik4sn 19 дней назад
If they're going to drop them then they should be able to get a full refund for all the times they paid their insurance.
@sappysuds4545
@sappysuds4545 19 дней назад
If you can own a four million dollar home, you can afford to pay for higher insurance through the state.
@timg2973
@timg2973 19 дней назад
the states plans will not cover the cost to rebuild. she didn't say anything about not affording it. Also she lived there for 20 years she probably paid $400k for the home. and could not afford to buy it today.
@corporatemaq
@corporatemaq 19 дней назад
Bitter are we
@malama_ka_aina
@malama_ka_aina 19 дней назад
Racket-alism. Same state where squatters have rights over homeowners😭. At this point they're begging us to leave the state. Had both my home and business property insurance dropped. The whole thing is just a joke to be honest.
@masonite1973
@masonite1973 19 дней назад
Do you vote Democrat?
@malama_ka_aina
@malama_ka_aina 19 дней назад
@@masonite1973 Tricky question. I'm off and on. Honestly, I might not vote this year, which I am well aware, if I don't vote, then I need to be quite, but, in all honesty, every time I've voted, nothing has come of it. I participate in the community and volunteer my time. I also prefer to vote with what I choose to spend money on. That's the vote they see more than anything.
@mrdpdjr
@mrdpdjr 19 дней назад
How tF is California letting this happen to us??? 😡
@n124ac9
@n124ac9 20 дней назад
Finally , she's back !
@celestialtl
@celestialtl 17 дней назад
The state needs to step up and insure my expensive beautiful home…. I’m entitled to state funded coverage…I demand it now
@nasnazari1391
@nasnazari1391 17 дней назад
This is good news, y’all saying 8k a year.
@amidazad4832
@amidazad4832 19 дней назад
Well first off, send a thank you note to your local and federal government during to their stupid policies. Secondly, what’s the F…….ing insurance is good for when you can’t claim anything. Either your insurance going to be canceled or higher premiums. If the national policy is to have a homeowner insurance before buying house. Than government should be forcing these insurances going none profits or provide other options.
@LuckyDuckie115
@LuckyDuckie115 15 дней назад
These are 5-15 million dollar homes, paying $5-10k per year for insurance is insanely low. Im paying $5k a year for my $1.6 million property!
@cvcfoundation8413
@cvcfoundation8413 20 дней назад
Funny all the eco hysteria hippies who are responsible for these ridiculous laws now can’t get insurance coverage for their homes 😂
@dfirth224
@dfirth224 19 дней назад
The fires were preventable. 50 years of leftist environmentalists preventing professionals from doing their jobs. On the other hand, there are a few privately owned and professionally managed forests that survived the fires unscathed because there was nothing to burn. Southern California Edison owns this property near Shaver Lake east of Fresno. The public forest was burned to a crisp, but the SCE owned forest in the center of it was was unscathed.
@Bumeism
@Bumeism 19 дней назад
Don’t own houses in disaster prone areas.
@stoveguy2133
@stoveguy2133 11 дней назад
Yasaman? Great name.
@josephnessschmoe2864
@josephnessschmoe2864 19 дней назад
Paint your roof bluuu...
@AKAAAK
@AKAAAK 19 дней назад
Just do the state plan and pay out the aas.
@bestkdrama2024
@bestkdrama2024 19 дней назад
Sell your home. Oh no you cant sell it.
@onebridge7231
@onebridge7231 19 дней назад
Please, these homes are multi million dollar homes. These neighbors are wealthy enough to start putting money aside to self insure. Most of these homes are not made of flame retardant materials and will burn 100% to the ground and the insurance companies know it.
@Mrrossj01
@Mrrossj01 19 дней назад
To All. The insurance companies are in business to make a profit. They make the rules. Between wildfires and earthquakes, California has a problem.
@SC-or2ek
@SC-or2ek 19 дней назад
You're not in good hand with Allstate ? Like a bad neighbor thats State farm? 😂😂
@MS-ty8eq
@MS-ty8eq 19 дней назад
very high income area on top of a mountain. These people have money and they can pay every year for their insurance so stop crying poor mouth.
@masonite1973
@masonite1973 19 дней назад
I guess you didn't watch the video the insurance company wont insure
@byefelicia8632
@byefelicia8632 18 дней назад
They should just sell the house and move out of Orinda. But wait. No one will buy the house LOL..Nevermind.
@apwkastmaster2096
@apwkastmaster2096 19 дней назад
Even they understood its beautiful but a craphole of a state run by a greasy governor 😊
@mnm2007
@mnm2007 19 дней назад
That’s your beautiful Capitalism
@MrMrabaunza
@MrMrabaunza 19 дней назад
This problem was caused by government intervention. Good old socialism at work.
@masonite1973
@masonite1973 19 дней назад
It's due to regulations, taxes and laws that make it near impossible to do business in California in general
@garycallihan4206
@garycallihan4206 20 дней назад
Chop down the vegetation...and more. That's all. Don't act special.
@jillbelas7266
@jillbelas7266 19 дней назад
California has laws against that I believe.
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