Tyler Perry has recently taken a firm stance against insurance companies for their decision to cancel a staggering number of policies for Los Angeles homeowners just before the devastating wildfires hit. In a heartfelt Instagram post shared on Sunday, the acclaimed filmmaker expressed his outrage after witnessing a woman trying to protect her elderly parents’ home with a garden hose due to their insurance being terminated.
He questioned how it is possible for insurance companies to withdraw millions of policies, after profiting off homeowners for years, stating, “Does anyone else find it appalling that insurance companies can take billions of dollars out of communities for years and then, all of a sudden, be allowed to cancel millions of policies for the very people they became rich on?”
In his passionate message, Perry, 55, emphasized the distressing reality faced by countless insured individuals left with nothing due to what he termed “pure greed.” He revealed that he is exploring ways to assist those affected by the ongoing fires, keeping all victims in his thoughts and prayers.
As the Palisades and Eaton wildfires continue to rage across Los Angeles, many residents have found themselves without any insurance coverage, resulting in significant losses. In the wake of these fires, Tyler Perry’s comments are particularly poignant, as he highlights the plight of those who have been loyal policyholders throughout their lives.
Recent reports indicate that major insurance firms, including State Farm General Insurance, announced sizable reductions in their coverage. They revealed plans not to renew around 30,000 home and condo policies, with over 1,600 policies specifically affected in the Pacific Palisades area. Other companies, such as Chubb Insurance, have also opted not to renew policies for high-value homes located in high-risk fire zones. The Los Angeles Times has detailed how more firms, including Allstate, Tokio Marine America Insurance Co., and Trans Pacific Insurance Co., have pulled back on offering policies in California altogether.
While some insurance providers have withdrawn from the market, Mercury Insurance is stepping in to support those left without coverage. According to Cal Fire, the Palisades Fire itself has scorched nearly 24,000 acres, while the Eaton Fire has consumed over 14,000 acres since their outbreak.
In the past week, these wildfires have forced over 100,000 Los Angeles residents to evacuate. The devastation has also affected numerous celebrities, including Paris Hilton, Miles Teller, Adam Brody, and Eugene Levy, all of whom have lost their homes in the flames. Several notable figures, including Prince Harry, Meghan Markle, and Angelina Jolie, are also lending their support to victims in need. As the community rallies together, Perry’s remarks on corporate responsibility and compassion in times of crisis resonate more than ever.
