ilmscore | Disaster in California: Your Insurance Costs Are About to Explode!

Disaster in California: Your Insurance Costs Are About to Explode!

Published: 2025-01-13
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Los Angeles lost over 35,800 acres to wildfires within the first month of 2025.
"in 2025 less than 1 month into the year Los Angeles alone has already lost 35,8166 Acres"
California Wildfires
Pending
A $17 million budget cut was made to the LAFD seven months prior to the 2025 wildfires, impacting their ability to fight fires.
"7 months before the fires started the mayor signed a $17 million budget cut to the Los Angeles Fire Department"
California Wildfire Response
Pending
Homeowners in California are predicted to experience an average increase of up to 40% in their insurance costs.
"homeowners in California could see their insurance costs go up by up to 40% on average"
California Insurance Premiums
Pending
Due to recent fires, numerous insurance companies are withdrawing from California, leading to over 100,000 residents losing their insurance since 2019.
"in response to these fires a lot of the insurance companies are pulling out of California since 2019 more than 100,000 Californians have lost their insurance"
California Insurance Market
Pending
State Farm has recently cancelled 72,000 policies in California, affecting 30,000 homes.
"State Farm for example just recently canceled 72,000 policies in California including 30,000 for homes"
California Insurance Market
Pending
Allstate has ceased offering new insurance policies in California's high-risk areas.
"other major insurance companies like All State have stopped offering new policies in high-risk areas"
California Insurance Market
Pending