Fire, Flood, and Insurance

In this video, we explore the crucial role insurance companies play during natural disasters, focusing on real-world examples like Hurricane Helene and the Palisades Fires from earlier this year. I break down why insurance companies did not cover many of the loses from either of these catastrophes. Whether you're a homeowner, business owner, or just curious about disaster insurance, understanding how these processes work can make a huge difference when the unexpected happens.

Key Topics Covered:
- The difference between property coverage and flood insurance,
- How the Federal Government is involved in flood insurance,
- Wildfire Insurance and why insurance companies have been leaving California
- What California can do to decrease risk and the relation to insurance premiums