Why Are California Homeowners Losing Their Insurance?

Experts say help is on the way, including double-digit rate increases, which they hope will stabilize the market.
Why Are California Homeowners Losing Their Insurance?
A property burns as the Park Fire rages near Paynes Creek in unincorporated Tehama County, Calif., on July 26, 2024. Josh Edelson/AFP via Getty Images
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Thousands of Californians have lost their home insurance coverage in recent years, a topic that host Siyamak Khorrami recently featured on EpochTV’s “California Insider.”

To better understand the complex issue, Khorrami spoke with an insurance broker with 40 years’ experience and a couple who recently lost two homes, one of which was uninsured, to California wildfires.

Siyamak Khorrami has been the general manager and chief editor of the Southern California edition of The Epoch Times since 2017. He is also the host of the “California Insider” show, which showcases leaders and professionals across the state with inside information about trending topics and critical issues in California.