Authored by Siyamak Khorrami via The Epoch Times

Thousands of Californians have lost their home insurance coverage in recent years, a topic host Siyamak Khorrami recently featured on Epoch TV's "California Insider."

To help understand the complex issue, Khorrami invited an insurance broker with 40 years in the business as well as a couple who have recently lost two homes to California wildfires, the more recent of which was uninsured.

Additionally, two California lawmakers give detailed solutions and their take on how to turn the problem around.

Caps on Rate Increases

The issue began in 1988, when California residents approved Proposition 103, which capped rate increases for auto insurance—and eventually for homeowners' policies—and established the state's insurance commissioner.