On May 27, 2023, State Farm General Insurance Company became the second major insurer in the past year to stop accepting new applications for property insurance, including personal and business lines. Allstate made the same decision to stop selling new home...
On the list of things the average person knows a lot about – their field of study, their city’s best restaurants, or their family’s pet peeves – auto insurance probably ranks pretty low. Most people know they want to be protected if they get in an accident, but...
After our recent series of articles on changes in the Homeowner Insurance market (see below), we received several questions that we wanted to address. Homeowner Insurance- What’s up…Besides Your Rates? Homeowner Insurance Rates Increase – What Now? California Fair...
In continuing our series about homeowner insurance and the recent market challenges, we are going to discuss the California Fair Plan. Our last two articles focused on changes in the home insurance market, and actions you can take to mitigate the premium increases. ...
As part of our series on homeowner insurance, last week we discussed the reasons for the rate increases and recent difficulties in the home insurance market. Click here for a review of that article. This week, we address the steps you can take to ensure you are...
The homeowner insurance market in California is very challenging. Rates are increasing, policies are being canceled, insurance companies are declining to write new policies in several areas, and things seem to be getting worse. Why is this happening? There are...