February 7, 2020 Newborn Charged $10,000 For Hospital Room And Board SACRAMENTO CBS13) — Little Lainey Walls came into the world with a big surprise — a $10,000 bill. Even though her mom had insurance, the newborn was charged room and board for her first two days of life. “It’s frustrating and I feel like it’s…
February 6, 2020 The cost of fire insurance across California is rising at a frightening pace if you can get it at all Homeowners are finding their insurance premiums outpacing their incomes, if they can find insurance at all. Who is responsible for the crisis? AUBURN, Calif. — A crisis has been building in the foothills of the Sierra and other fire-prone communities in California. It’s related to…
February 3, 2020 How to Save Money on Homeowners Insurance The average premium for the most common type of homeowners insurance was $1,211 in 2017, the most recent year for which data was available, according to a report issued last year by the National Association of Insurance Commissioners. That figure was up slightly from $1,192…
February 3, 2020 NAIC Names 2020 Consumer Liaison Representatives The National Association of Insurance Commissioners recently named 32 consumer liaison representatives for 2020. The 20 funded and 12 unfunded consumer representatives began their terms Jan. 1. Fifteen of the funded consumer representatives participated in the program in 2019. They receive funds from the NAIC,…
January 16, 2020 Camp Fire recovery rebuilding with bigger homes in Paradise PARADISE — Paradise homes are getting bigger during the rebuild. Around 60 percent of the homes under construction in the town are larger in square footage than the home they are replacing, according to permit and property data collected by the Chico Enterprise-Record and Chico…
January 15, 2020 What You Need to File a Homeowners Insurance Claim After the storm has cleared or the fire has died down, your sense of relief at surviving may quickly give way to a sense of shock when you gaze at the charred or battered wreckage that used to be your home and all the stuff…
January 10, 2020 How to Figure Out How Much Homeowners Insurance You Need One thing to keep in mind about homeowners insurance is that if you’re like most people, you probably don’t have enough coverage. “Whenever we do a survey in a disaster area, we generally find that two-thirds of the people whose homes are a total loss…
January 1, 2020 How to Get Your Insurer to Cover Treatment for an Eating Disorder If you or a member of your family are suffering from an eating disorder, your insurer may balk at covering treatment by claiming it’s “not medically necessary” or that coverage is limited by plan terms. Knowledge is power when dealing with insurance companies. Their opinion…
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 21, 2019 Flood Insurance Problems that Bedeviled Sandy Homeowners Still Remain: Who Will Fix Them? Menendez legislation that would reform federal program may be voted on this week, but it faces uphill battle When Superstorm Sandy came ashore near Denise Vaccaro’s bayfront home in the Ocean County community of Forked River back in October of 2012, it was just the…
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…