The Collapse of California's Insurance Market: Are You Prepared? with guest AMY BACH

Insurance Hour with Karl Susman

In this episode of "Insurance Hour," host Karl Susman interviews Amy Bach, the executive director of United Policyholders, about the challenges facing the insurance market, particularly in California. They discuss the growing difficulty for consumers to obtain home insurance, driven by climate change, wildfire risks, and other factors like technological advancements and market fluctuations. Amy outlines how non-renewals are becoming more common and why insurers are pulling out of high-risk areas. She also explores the role of the California Fair Plan, a fallback insurance option, and the uncertainty about its long-term sustainability. Both Karl and Amy emphasize the importance of mitigation steps homeowners can take to reduce fire risks and the value of working with informed agents. They conclude by discussing the future of insurance in California and nationwide, with a cautiously optimistic outlook for increased market availability, though affordability remains uncertain.

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 available online throughout California and world-wide.
Listeners can now tune in to Insurance Hour on great AM radio station KMET throughout the state of California.

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 [e-mail]