Like a good neighbor, step for me, step for me.

Unless you want to own a house in California.

You're in good hands with all faith.

Not if you want to buy a house in California.

State Farm and Allstate recently, to the shock of many,

announced they won't insure new homes in the Golden State.

California Homeowner didn't get much of a heads up

and said the announcement kind of freaked out a lot of people.

Insurance is a risk business and climate change has made it

too risky.

The main culprit in California, wildfires, is not just a California problem.

If you live in the Northeast United States, you've noticed a grey

pawl and the smell of smoke that's drifting down from fires in Canada.

You can take comfort in the fact that you have homeowners insurance for now.

Ahead on today's explained, our insurance companies

finally telling Americans what state and local governments refuse to.

That some places in this country have become too risky to live in.

It's today explained, I'm Noel King.

Ben Christopher writes about California housing for the news site Cal Matters.

And he tells us that state farm made its announcement late last month on a Friday afternoon,

which if you work in news, you know means it is news you would like to vanish from the radar quickly.

I asked Ben what reason state farm gave?

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