California exodus of home insurance companies continues
An increasing number of insurance companies have made the decision to stop insuring homes in wildfire-prone California.
Source: latimes.com
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State Farm discontinuing 72,000 home policies in California in latest blow to state insurance market
Insurance giant State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer.
Source: kpbs.org
Are California homeowners getting any insurance breaks for beefing up their property to protect against wildfires?
Insurance Commissioner Ricardo Lara in 2022 promised homeowners that insurers would credit them for making their home less vulnerable to wildfires, but homeowners say aren't getting credits and are losing coverage anyway.
Source: montereyherald.com
Are California homeowners getting any insurance breaks for beefing up their property to protect against wildfires?
Insurance Commissioner Ricardo Lara in 2022 promised homeowners that insurers would credit them for making their home less vulnerable to wildfires, but homeowners say aren't getting credits and are losing coverage anyway.
Source: santacruzsentinel.com
CalMatters: California insurance market 'in chaos,' says former insurance chief. Can this chief fix it? | Local News Stories
With more California homeowners just discovering their insurance policies are getting canceled — and hundreds of thousands of others stuck with a pricey option of last resort — state Insurance
Source: hmbreview.com