California homeowners News

How Pandemic Effects on Supplies, Shipping Compound Wildfire States’ Insurance Woes

A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as odd as it may sound, the trouble may have begun with the pandemic. Property insurance rates and availability for homeowners …

California Bill Bars Insurers From Declining Fire Coverage

SACRAMENTO, Calif. — Amid mounting cries of California homeowners being denied wildfire insurance in high-risk areas, lawmakers want to require insurance companies to cover all existing homes, as long as they meet new safety standards. The measure, coming after years …

Allstate Back in California Homeowner Market After 9 Year Absence

Insurance Commissioner Dave Jones welcomed Allstate Insurance back into the California homeowner insurance market last week week, after a nine year absence writing new homeowner policies. Allstate also entered into an agreement with the commissioner to reduce its homeowner insurance …