
Photo by Reuters
State Farm: Like An Ex-Neighbor…
State Farm Abandons California Homeowners Amidst Wildfires
by John Taylor
The Good Ex-Neighbor is reducing its exposure in California by halting new policies and nonrenewing policies in some of the highest-risk areas.
The insurance company has pocketed billions in premiums from homeowners over many years, but with an “Act of God” wildfire in 2025, combined with the usual Californa red tape and regulations, this ex-neighbor has decided to bail on homeowners’ fire insurance policies.
State Farm spends an absurd amount on marketing and unnecessary expenditures. Insurance could be cheaper, but then they couldn’t pay Jake’s multi-millionaire’s salary for a service that is required when owning a mortgaged home, car loan, or business.
Enjoy the cartoon.
– John


