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 of betrayal (I was loyal to them, why did they break up with me – what did I do wrong?). Some people just feel panicked about shopping and the prospect of having to pay more than they can comfortably afford. Some people just get angry.
Our advice for California property owners: If your home insurer drops you, start shopping, don’t take the non-renewal personally, the Fair Plan is there if you can’t find a better option.
For more details, here is our most current guidance: