After the 2025 wildfires, California insurers are adding a surcharge to property policies to recover FAIR Plan costs. Travelers will start charging 1% extra on new and renewed policies in 2026.
Insurance in 10 years will look very different from today – faster, smarter, more responsive, and more customer-centric. But these changes aren’t waiting for the future. They’re already underway. Whether you’re a carrier, a policyholder, or a business partner, now is the time to understand these shifts and adapt.
California’s Senate Bill 1107 increases personal auto insurance minimum limits to 30/60/15 starting January 1, 2025. This change will impact policies with lower coverage, leading to premium increases. Continue to the post to learn all about it.
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.
Deciding whether to rent a car for a road trip involves considering factors like comfort, flexibility, and cost. Weigh the pros and cons, from the convenience of off-road vehicles to the ease of public transportation, to make the best choice for your journey.
Ensure the house you’re eyeing doesn’t hold unpleasant surprises. Dive into effective interrogation strategies for uncovering potential secrets before sealing the deal.
Before COVID, US residents took an average of 1.9 billion trips for leisure per year. If you’ve traveled, you probably already know that taking a vacation requires a lot of planning. Between booking flights and hotels or deciding which roads to take and sights to see, there are a lot of moving parts to a great vacation plan. But as you coordinate your travel plans, don’t forget to think about the home you’re leaving behind. Here are 20 steps to take before leaving for your vacation. 1. Notify your credit card company. If you’re going to make credit card purchases during your trip, you may want to… Read More »Prep Your Home Before a Vacation
In parts of the U.S., the housing market remains locked in a perpetual impasse between high demand and low inventory of affordable residences. In heavily populated states such as California and much of the Northeast, soaring rents have led to overcrowding in multifamily dwellings, which can lead to living conditions more conducive to maintenance and habitability concerns such as sewer backups and vermin infestations. Complicating matters is the rise in corporate ownership of rental properties and the departure of “mom-and-pop” landlords dedicated to maintaining a single location. To take advantage of efficiencies of scale, corporate owners are inclined to spread… Read More »Landlords and Habitability Claims
