Cromwell & Ney Insurance Agency, Inc. is a local independent insurance agency located in Escalon, California. Call us at 209-838-3561.
Homeowners in California saw a 21% increase in home insurance rates from May 2021 to May 2023. This is due to the increase in destructive wildfires, building costs, and a shortage of labor. California FAIR Plan Average cost: More expensive than standard home insurance Covers: Damage caused by...
‘Last resort’ insurance The justification doesn’t make it any easier for those residents in many fire-prone zip codes to scramble to find affordable choices. Viso herself was forced to take what the Insurance Information Institute calls the state’s "property insurer of last resort," the ...
Homes for sale in those high fire zones already have to include a real estate disclosure about it. But the skyrocketing insurance trend has prompted Z Group to go a step further. The real estate company now requires prospective home buyers to sign an addendum with their o...
“Homeowners insurance rates are determined using a number of different variables, including historical loss data, loss trends, age and construction-type of structures, etc. These and other factors, combined with inflation adjustments, are reflected in customer rates,” the c...
How will the new regulations affect my property insurance rates? That’s a matter of debate. Catastrophe models are not specifically intended to lower rates, but insurers and the insurance department maintain that catastrophe models, by allowing insurers to more accurately calculate their risk, should...
Covered California is a free service from the state of California that connects Californians with brand-name health insurance under the Patient Protection and Affordable Care Act. It’s the only place where you can get financial help when you buy health
Additionally, when inflation takes down the value of the dollar, the effects are that rent will increase as will the values of the average home. While your home's value increases by a hundred thousand dollars or more, the payment on your mortgage will stay flat. In contrast, rent rates wi...
While some homeowners spend unnecessary amounts of money getting the same insurance, you do not have to, even if you live in LA. This starts with knowing how much insurance you actually need, which can be surprising. Be sure to always compare ratesusing our FREE search tool above!
1, 2025, workers who make less than $63,000 a year will get 90% of their pay replaced for disability insurance and paid family leave benefits. Higher earners will get 70%. Before the legislation took effect, the rates were 60% for higher-income workers and 70% for lower-income workers...