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Started By
Message
James Woods Lost His Home
Posted on 1/8/25 at 8:15 am
Posted on 1/8/25 at 8:15 am
Daily Mail
James Woods lost his home. He and other neighbors were not insured. Their insurance company canceled on them 4 months ago.
James Woods lost his home. He and other neighbors were not insured. Their insurance company canceled on them 4 months ago.
quote:
Woods also declared that he and many of his neighbors no longer have insurance after a 'major company' supposedly canceled many of the policies four months ago.
30
Posted on 1/8/25 at 8:17 am to Nolalakeview
Many that lost their cars did not have insurance either due to this.
Posted on 1/8/25 at 8:18 am to Nolalakeview
Lots of posters on here are very happy about this especially jizzlepos, bugac, etc
Posted on 1/8/25 at 8:18 am to Nolalakeview
The left is going to pile on James just out of spite.
Were they not insured b/c no one would write them a policy or what? 4 months is a long time and if they had a mortgage on their homes, the mortgage company would require them to be insured.
Were they not insured b/c no one would write them a policy or what? 4 months is a long time and if they had a mortgage on their homes, the mortgage company would require them to be insured.
Posted on 1/8/25 at 8:19 am to Nolalakeview
How do you not have house insurance
I smell BS
I smell BS
Posted on 1/8/25 at 8:19 am to Nolalakeview
That seems very odd for these insurance companies. Timing is suspect.
Posted on 1/8/25 at 8:20 am to Nolalakeview
quote:
James Woods lost his home.
This is sad to hear for him. Even if you have money it sucks to have to deal with.
quote:
Their insurance company canceled on them 4 months ago.
This is their own fault. If insurance canceled 4 months ago then that’s more than enough time to get another policy. It might not have been cheap, but that’s a risk they decided to take on (ask all the people with property on the coast of Louisiana).
Posted on 1/8/25 at 8:21 am to Nolalakeview
The Ponze scheme That is the insurance business in this Country is just about Over.
Posted on 1/8/25 at 8:21 am to BigBinBR
quote:
This is their own fault. If insurance canceled 4 months ago then that’s more than enough time to get another policy.
Yeah they cant just cancel all of a sudden. You will get a notice months in advance to prepare.
Posted on 1/8/25 at 8:22 am to idlewatcher
I would assume that most in Palisades and Malibu fully owned their property. Some of the highest net worth individuals in the country.
Posted on 1/8/25 at 8:22 am to ArHog
quote:
How do you not have house insurance
There has to be someone offering it.
Posted on 1/8/25 at 8:22 am to ArHog
quote:
How do you not have house insurance
I smell BS
This is actually a major issue in CA many many many carriers are just dropping ppl or not renewing cause of the idiot politicians
This will now make it worse
Posted on 1/8/25 at 8:22 am to ArHog
quote:
How do you not have house insurance
It is not a requirement if you do not owe money on your house...
I suspect their current policies were dropped and there were other policies available at a much higher rate and James Woods opted not to have insurance or the fire hazard...
Next hurricane in Florida, you are going to see a lot of this...
Posted on 1/8/25 at 8:23 am to Nolalakeview
Is this going to end up like Maui?
Posted on 1/8/25 at 8:24 am to Night Vision
quote:
Many that lost their cars did not have insurance either due to this.
The major majority do have insurance for their cars and this is a covered loss. Some rich Californians that have multiple cars they never drive don’t insure them since they just sit, but that’s more the exception than the rule. Even “display” cars at their homes typically have comprehensive only just for these situations.
Posted on 1/8/25 at 8:24 am to POTUS2024
Watch Blackrock.
Posted on 1/8/25 at 8:25 am to Nolalakeview
Good time to cash out and resettle elsewhere.
Posted on 1/8/25 at 8:27 am to Nolalakeview
I’m surprised these celebrities couldn’t find insurance through Lloyd’s marketplace. Might be very expensive, but I’m surprised there wouldn’t be options there from at least private insurers.
Posted on 1/8/25 at 8:29 am to Nolalakeview
The left will be giddy. Even though a number of leftists will lose their homes as well.
A leftist has no problem burning down society, to rule over the ashes.
A leftist has no problem burning down society, to rule over the ashes.
Posted on 1/8/25 at 8:30 am to The Maj
quote:Correct but at the cash sale of the said home. The agents will highly suggest you get it and show proof before closing. Then you can drop the policy if you want.
It is not a requirement if you do not owe money on your house..
They must have been sued in the past.
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