Kemper home insurance issued over $1.5 million in refunds to thousands of customers due to the company overcharging policyholders for wildfire risk in 2023 [5] Over 1 million acres were burned by the August Complex fire starting in August 2020, the most destructive wildfire in California history...
have an appraisal done not for market value but for replacement value. This is essential if you are in regions that are at risk to the wildfires; the Department of Insurance found that after the most recent wildfires, an astounding40%of people affected did not have enough insurance to ...
Property Damage: When your home or personal belongings are damaged after a fire, storm, or other covered peril, your California homeowners insurance policy will pay to repair or replace what you’ve lost. Your homeowners insurance policy limit should be enough to rebuild your California home if ...
Since 2008, Einhorn Insurance has been insuring properties in California’s high fire risk areas. Our agency has scoured the market to locate the best policies to properly protect your properties. We understand how time sensitive (especially if in escrow) home insurance coverage can be and assign...
Wade Anglin lives right down the street from the fire camp. He's worried that if a fire station has issues easily getting fire insurance, what's the future for his community? "They have firefighters on scene and without them, we won't be able to get any insurance," Anglin said. ...
With devastating wildfires ravaging California, both employers and workers should be aware of some emergency options available through California’s unemployment insurance (UI) system. For employees,... California, Canada Leaders Discuss Future of Energy Innovation at CalChamber Lunch ...
Forest Service to see the level of fire risk in your community and get ideas for hardening your home. Earthquakes A standard home insurance policy doesn’t cover earthquake damage, so California residents should consider adding a separate earthquake insurance policy. Homeowners can get one through ...
California Fire Insurance: All information provided by the California Association of REALTORS®. HOW TO FIND (OR KEEP) FIRE INSURANCE After several years of record-breaking California wildfires, insurance companies have responded by imposing huge premium increases on property owners, or even worse...
Read the R.L. Milsner Insurance Brokerage blog for local, interesting and up-to-date Walnut Creek insurance news.
GREENWIRE|SACRAMENTO, California - How bad is California's wildfire insurance crisis? So bad that the state can't get coverage for its own firehouses. The irony emerged at a state Senate Budget subcommittee hearing Thursday in Sacramento, where Democratic Gov. Gavin Newsom's administration defende...