Governor Of California BLASTS State Farm After Removing Fire Protection From Insurance!
The California real estate market is in freefall, and the numbers tell a shocking story. Home prices are plummeting, inventory is surging, and sellers are slashing prices in desperation. In this video, we analyze the data driving this market crash, from rising interest rates and affordability issues to the exodus of residents fleeing to more affordable states. Whether you're a homeowner watching your equity evaporate, a buyer waiting for the bottom, or an investor trying to time the market, this breakdown reveals exactly what's happening in California real estate right now and what to expect in the months ahead.
Want to verify the facts in this video? Here are all the credible sources we used for our research:
"State Farm drops 72,000 California policies before Palisades Fire" - CBS News, January 10, 2025 https://www.cbsnews.com/news/fires-ca...
"Insurance companies that cut California policies before wildfires" - Newsweek, January 10, 2025 https://www.newsweek.com/these-califo...
"State Farm 17% emergency rate increase for California" - Insurance.com, May 14, 2025 https://www.insurance.com/home-insura...
"State Farm and insurers slammed for dropping coverage" - Fox Business, January 9, 2025 https://www.foxbusiness.com/lifestyle...
"California insurance crisis could cost homeowners 40-50% more" - CNN Business, January 9, 2025 https://www.cnn.com/2025/01/09/busine...
"Los Angeles wildfires magnify California insurance crisis" - NBC News, January 12, 2025 https://www.nbcnews.com/news/us-news/...
"List of carriers that fled California" - Fox 26 Houston, January 13, 2025 https://www.fox26houston.com/news/cal...
"State Farm dropped 69.4% of Pacific Palisades policies" - Al Jazeera, January 17, 2025 https://www.aljazeera.com/economy/202...
"California's Home Insurance Crisis" - Kiplinger, January 16, 2025 https://www.kiplinger.com/personal-fi...
"Brentwood Encino saw huge State Farm drops before fires" - San Francisco Chronicle, January 11, 2025 https://www.sfchronicle.com/californi...
Disclaimer:
We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.
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