December 28, 2019 Check deductibles on homeowner insurance There’s nothing wrong with a high deductible, as long as you keep enough funds in savings to pay it. Like a spare tire or a flashlight, homeowner’s insurance is one of those things that you don’t really want until you need it. Now, even when…
December 10, 2019 California stops insurance companies from dropping coverage due to wildfires — for now Ricardo Lara also called on companies to voluntarily stop sending non-renewal notices in other regions With an increasing number of California homeowners complaining about insurance companies dropping their fire coverage, Insurance Commissioner Ricardo Lara on Thursday issued a moratorium on non-renewals in some areas, demanding…
December 2, 2019 Insurance commissioner orders changes to FAIR Plan Plumas County homeowners may soon get some much needed home insurance relief. The Fair Access to Insurance Requirements FAIR) Plan, which is referred to as the home insurance plan of last resort, is quickly becoming the only resort for many California homeowners due to devastating…
November 25, 2019 Wildfires Likely to Boost California Surplus Lines Homeowners Share; FAIR Plan Expansion Questioned Wildfires Likely to Boost California Surplus Lines Homeowners Share; FAIR Plan Expansion Questioned Premium volume from homeowners polices written by California’s surplus lines industry, although still small, has doubled over the past four years, seemingly pushed by an increase in wildfires in the state. Some…
November 13, 2019 Homeowners In Fire Zones Lose Insurance Coverage OAKLAND KPIX 5) — As fires ravage California each year, more homeowners are at risk of losing their insurance. The fires across the region in recent weeks caused memories of the 1991 fire in the Oakland hills to come racing back to homeowner Al Fleischman.…
November 1, 2019 Fires’ cost is higher for poorer Californians Victims of wildfires are at risk of losing not only their homes, but their insurance plans as well. Wildfires have ravaged California over the past few weeks. Fire erupted in Jurupa Valley Thursday and already spread across 300 acres. The Kincade Fire in Northern California…
October 31, 2019 Sonoma County evacuees during Kincade fire eligible for insurance coverage for hotel, meal costs Sonoma County residents forced to evacuate because of the Kincade fire could be reimbursed for their expenses while away from home by their homeowner insurance company. The caveat is that those policyholders would have to be displaced under a mandatory evacuation order issued by Sonoma…
October 30, 2019 Tips for shopping for home insurance in a challenging market It is not uncommon for people to break down in tears after getting a notice that their home insurer is dropping them as a customer. In some cases, it’s tears of frustration that they paid all that money for insurance they never used, or tears…
October 23, 2019 Gov. Newsom signs law requiring home insurers give policyholders more time before cancellations Gov. Gavin Newsom on Saturday signed legislation into law that makes insurers give homeowners longer advance notice before canceling their policies. The law increases the minimum time notification for homeowner policy nonrenewals from 45 days to 75 days. However, the change does not go into…
October 7, 2019 Fire recovery in Sonoma County shows mixed results on 2nd anniversary, experts say Two years after the October firestorm that swept the North Bay, recovery efforts are both good and not so great. Houses are being rebuilt, the destroyed northwest Santa Rosa neighborhood of Coffey Park is coming back strong, insurance struggles and construction costs remain, and mental…
October 1, 2019 Spooky Language Hiding in Your Insurance? Getting a notice from a home insurer that they’re dropping you is scary, and UP works hard to help people in that situation. Read our latest tips on shopping for affordable home insurance when your options are limited. Just as scary is hearing your insurer…
September 30, 2019 Insurance companies to stop paying monthly assistance to victims of Santa Rosa firestorm SANTA ROSA, Calif. KTVU) – With less than two weeks until the second anniversary of the firestorm that devastated Santa Rosa, insured victims are getting some nasty surprises from the insurance companies that promised to protect them. More than 5,000 homes were destroyed by wildfire.…
September 24, 2019 As Fire Season Heats Up, Insurance Companies Drop Long-Time Clients Sep. 15–Frances Mann-Craik loves living amid the trees along Highway 35. But her quiet life in the mountains above Silicon Valley is about to get a lot more expensive. Along with more than a dozen of her neighbors, Mann-Craik recently received a letter from Walnut…
September 4, 2019 North Bay Fire Victims Face Dire Deadline Ahead of Anniversary Weeks ahead of the North Bay wildfires’ two-year anniversary, families are bracing for a financial shock. Several homeowners told NBC Bay Area their property insurance providers will stop paying for temporary living expenses, even if their new homes aren’t ready for move-in. The Sonoma and…
August 27, 2019 Nearly 350,000 California Homeowners in Fire Prone Areas Dropped by Insurers Click Here to Listen to Amy Bach on KQED Forum 8/26/19 Between 2015 and 2018, insurance companies dropped nearly 350,000 California homeowners in high-risk fire areas. This insurance coverage data, recently released by California Insurance Commissioner Ricardo Lara’s office, does not reflect how many people…
August 23, 2019 California homeowners are facing an “insurance crisis” Wildfires are a growing concern for residents living in fire-prone areas and now keeping insurance to protect their belongings is becoming a crisis. The California Department of Insurance found a six-percent increase in the number of customers dropped by their insurance companies. In zip codes…
August 12, 2019 Residents still trying to understand Camp Fire contamination at standing homes PARADISE — A stale chemical smell hangs in Lisa Kasza’s garage in lower Paradise. Piles of toys, books and other possessions covered in a thin layer of dust wait to be thrown out. Nine months ago, the Camp Fire burned all the trees, bushes and…
July 26, 2019 Homeowner insurance dilemma may turn into a full blown crisis SANTA ROSA, CA – Consumer advocates say a homeowners insurance crunch may soon become a homeowners insurance crisis as customers face huge rate increases or out-and-out cancellations. Experts say the major reasons homeowner policies get giant rate hikes or out-and-out cancellations is that their homes…
