Newsom's 16% Insurance Bomb Leads Nation Is Driving Californians Out

California homeowners are about to absorb the steepest home insurance rate increase of any state in the country — a 16% spike that isn't a rounding error but the compounding result of years of regulatory failure. Gavin Newsom's California Department of Insurance kept a stranglehold on rate approvals for so long that major carriers like State Farm and Allstate simply walked away. Residents were left relying on an underfunded state plan nobody wanted, and when the Palisades fire hit and billions in claims came due, the math finally caught up.Now the bill is landing inside escrow accounts and monthly mortgage payments that millions of California families cannot absorb. Overregulation didn't protect consumers — it guaranteed this crisis. The reinsurance market priced the risk that Sacramento refused to acknowledge, and every homeowner in the state is now paying for that bet.This is just one more notch on California's affordability belt. Insurance isn't optional when you carry a mortgage, and when the unavoidable cost of staying becomes unsustainable, people leave. They already are — and this 16% shock is going to accelerate it. The state is not getting cheaper. It is getting more expensive on every axis simultaneously, and the exits are wide open.Subscribe to @reasonablenews for daily news from a perspective the mainstream skips — no spin, no nonsense.#California #InsuranceCrisis #CostOfLivingGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL