@pauldiazins: State Farm, a big insurance company, decided to cancel 75,000 insurance plans. One man in Burbank has a really big house, but now he can’t get enough insurance to protect it. The California Fair Plan only covers up to $3 million, which falls short of his home's value. Now, he has to find different insurance that costs way more money—$200,000 a year instead of $19,000! Because of stories like this, California might need to make its plan better to help more people with big homes. Comment below if you want to learn more about navigating this insurance chaos and potentially save on your home insurance. #InsuranceCrisis #StateFarm #CaliforniaHousing #HighEndHomesInsurance #GatedCommunityBurbank #SurplusLinesMarket

932

There are no more comments for this video.

To see more videos from user @pauldiazins, please go to the Tikwm homepage.