The Uninsured Crisis: Why Millions of Americans Are Skipping Home Insurance ft. Peter St Onge

In this video, Peter talks about the alarming trend of Americans, particularly in California and Florida, forgoing home insurance due to skyrocketing prices, leading to a concerning 12% of American homeowners now without insurance. This represents about 17 million homes, half of which belong to people earning under $40,000, who can't afford the rising costs. With the increase in construction costs, government-fed wildfires, and frivolous lawsuits, insurance companies are exiting the market or hiking rates, adding another barrier to the housing affordability crisis.Show more

Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/
Peter's Website: https://peterstonge.com/

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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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