Wildfires are a growing threat, but homeowners can protect their properties with ember-resistant vent covers, fire-resistant materials, and regular maintenance. Learn how these simple upgrades can reduce fire risks and insurance costs.
During Southern California wildfires, policyholders should work directly with their insurance provider to settle claims before hiring third-party adjusters or attorneys. Educating customers on potential scams ensures a smooth and fair claims process.
Homeowners insurance premiums increased 10.4% nationally in 2024, with Nebraska seeing the highest jump. Insurers like American Family led rate hikes, while profitability improved industry-wide through aggressive pricing and better risk management.
Homeowners in California must choose between admitted and non-admitted insurers. Understanding the risks, benefits, and available protections can help you make an informed decision about your home insurance policy.
If you’re a homeowner in California, don’t wait for an insurance crisis to hit. Keep your property well-maintained, stay informed about your insurance options, and consider working with an experienced broker. By staying ahead of potential problems, you can protect your home and your financial future.
The rise in homeowners insurance non-renewals in California is making it harder for many to secure coverage. This post explores the reasons behind this trend, the role of the California FAIR Plan, and how property conditions and new technologies are influencing insurance decisions.
Wildfire risks in California are shifting from rural to urban areas, driven by climate change and technological advancements. Homeowners and insurers face new challenges in managing risks, leading to higher premiums and policy non-renewals.
The U.S. personal lines insurance industry, covering auto and homeowners sectors, faces challenges like underwriting losses and economic shifts, but advances in technology and risk management show promise for stability.
Summary: Insurance Commissioner Ricardo Lara introduces California’s Sustainable Insurance Strategy to protect consumers, address climate change challenges, and ensure long-term insurance market sustainability by prioritizing high-risk areas.
Ensure the house you’re eyeing doesn’t hold unpleasant surprises. Dive into effective interrogation strategies for uncovering potential secrets before sealing the deal.