The wildfires in California have caused major destruction along with the loss of many lives. Insurance companies providing insurance in California are changing the way they evaluate each property based on new guidelines. Many are not offering renewal policies to customers with homes in high fire risk areas. There are still options for these insureds. The premiums could be considerably higher, deductibles higher, and coverages reduced.. To obtain the desired coverages, a client may have to consider the non-admitted insurer – one that is not regulated by the state.
The insurance marketplace is going to continue to undergo major changes in the future. If you live in a high-risk fire area, you can take measures to reduce your risk, by clearing brush and trimming trees. FEMA has prepared Avoiding Wildfire Damage: A Checklist for Homeowners at https://www.fema.gov/pdf/hazard/wildfire/wdfrdam.pdf.
We are here to help you find the policy that is best suited for your needs. Please understand this is a time consuming process, so additional time is needed to put this together.
Please contact us anytime if you have questions or concerns.