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Science

Why the home insurance model is broken

CNBC
Summary
Nutrition label

72% Informative

California 's largest property insurance company, State Farm , has pulled out of state all together.

California FAIR Plan, which covers 449,000 Californians , faces $8 billion in losses.

44.8% of all U.S. homes are in areas that face at least one severe or extreme climate risk.

VR Score

69

Informative language

66

Neutral language

10

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links