Affording Home Insurance in Paradise, California

Insurance Hour with Karl Susman

In today’s show we discuss efforts to rebuild in Paradise, California after the devastating 2018 wildfire that destroyed most of the town and killed 42 people. It focuses on the issue of home insurance affordability, with rates increasing 400-500% after the fire. We definitely feel sympathy for the survivors but also understand the perspective of insurance companies hesitant to take on such high risks again. Key points made include the fire was catastrophic, wiping out nearly all of Paradise and requiring extensive efforts to identify remains. - Survivors want to rebuild but insurance rate hikes make it unaffordable. One woman's rate went from $1,200 to $9,700. We’re conflicted on whether to feel sad, angry, or look for solutions. Understanding insurers not wanting to risk big payouts again and wondering if the universe is telling people this is not the right place to rebuild, despite emotional attachments. The state wants to improve building codes and thinking that free markets will make dangerous areas prohibitively expensive to live in may negate the need. We want to hear from you and I invite perspectives from survivors on why they feel Paradise is still the right place to be. Also seeking thoughts from others on if rate hikes are reasonable given the now demonstrated risk.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.
Listeners can now tune in to Insurance Hour on:
TUESDAY
1200-1300 | KZSB | 1290 AM | Santa Barbara, Ca
1900-2000 | KZSB | 1290 AM | Santa Barbara, Ca
WEDNESDAY
0952-1000 | KZSB | 1290 AM | Santa Barbara, Ca
THURSDAY
0700-0800 | KCAA | 1050 AM / 106.5 FM | Redlands, Ca
FRIDAY
0900-1000 | KMET | 1490 AM / 98.1 FM | Banning, Ca
SATURDAY
0700-0800 | KTRB | 860 AM | San Francisco, Ca
1200-1300 | KEIB | 1150 AM | Los Angeles, Ca
KION | 1460AM | Salinas, Ca
1300-1400 | KCBQ | 1170 AM / 96.1 FM | San Diego, Ca
1600-1700 | KEIB | 1150 AM | Los Angeles, Ca
SUNDAY
1700-1800 | KFBK | 1530 AM / 93.1 FM | Sacramento, Ca

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.
Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.
For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insura...