California’s Insurance Crisis
California, the god of massive government regulations, appears to be doing everything in its power to push out every homeowners’ insurance company.
The regulations are so extreme that megacompanies, such as State Farm, Allstate and Farmers are severely limiting coverage for nearly 55 percent of the California population, who are homeowners. Valuetainment’s Patrick Bet-David explains the crisis in California and why it’s important to have the right coverage.
