Getting California fire insurance is difficult but not impossible. There are many home insurance companies still writing insurance throughout the state, and some are still serving high-fire-risk areas. If you’re struggling to secure fire insurance in California, other viable options may be the ...
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, flat-out denying coverage and canceling policies. Here are some tips to help property owners mai...
Reports on the fire insurance claims in the state of California as a result of the wildfires of November 1993. Possibility of arson; Forecast on total costs to insurers; Distribution of claims; Property ins...
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...
Insurers have received nearly 45,000 insurance claims totaling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, California Insurance Commissioner Dave Jones announced today. The fires in Northern California in October and Southern Californi...
SACRAMENTO, Calif.-A Capital Public Radio investigation says California Gov. Gavin Newsom vastly overstated wildfire prevention work completed by his administration. The radio station reported Wednesday that state fire officials treated less than 18 of the 140 square miles Newsom touted as priority proje...
California's wildfires are cooling the state'sreal estatemarket asinsurersseek to back out of fire-prone areas and would-be buyers face high costs for plans. The situation is causing buyers to have a hard time finding insurance and to then back out of purchases or lower their offers,The Wa...
If a December 2017reportfrom the California Department of Insurance (CDI) -- issued before the state's worst fire year -- is any indication, those who previously paid $800 a year for a policy could now be charged up to $5,000. Insurers said additional hikes are inevitable. ...
The Ishi Conservation Camp is one of 12 Cal Fire projects identified across the state where the same issue has come into play. Two have received insurance. Two have switched from bond funding to the state's general fund. As for the other eight, Palmer said they will continue to work with...
Thanks to heightened wildfire activity across the state, it’s becoming harder than ever for California homeowners to obtain and keep fire insurance, reported the Associated Press. “As California wildfires grow larger and more intense, an increasing number of insurance companies are not renewing poli...