As California Fire Season Heats Up, Insurance Companies Drop Long-Time Clients

Original source: https://www.mercurynews.com/2019/09/15/as-fire-season-heats-up-insurance-companies-drop-long-time-clients/

All of the time we search the net everyday to reach out to you to realize to the importance of keeping a Public Adjuster there to assist you. Look at this story we just found.

San Jose Mercury News (09/15/19) Deruy, Emily

Round the San Francisco Bay Area, insurance providers are declining to renew homeowners policies which include fire protection. Figures published by the California Department of Insurance show that nearly 350,000 house insurance policies have been dropped by businesses before four years in areas at high risk for wildfires. “I’ve heard from a number of regional communities around how not being in a position to attain insurance can produce a domino effect for the local economy, affecting home sales and real estate taxes,” says California Insurance Commissioner Ricardo Lara. A state report on coverage in wildfire-prone regions revealed that insurance companies do not take mitigation efforts when deciding when to supply policy, and customers have very little capability to appeal choices. A CoreLogic report discovered that more acres burned any other nation that year than in California at 2018, and claims in wildfires in the state at 2018 and 2017 exceeded $26 billion, a figure that may rise in the future as action raises. Associated Story: ABC 10 (movie )… Read More

We appreciate you! And please contact us if you need help when dealing with your insurance company. NO claim, NO fee!

Original source: https://www.mercurynews.com/2019/09/15/as-fire-season-heats-up-insurance-companies-drop-long-time-clients/

All of the time we search the net everyday to reach out to you to realize to the importance of keeping a Public Adjuster there to assist you. Look at this story we just found.

San Jose Mercury News (09/15/19) Deruy, Emily

Round the San Francisco Bay Area, insurance providers are declining to renew homeowners policies which include fire protection. Figures published by the California Department of Insurance show that nearly 350,000 house insurance policies have been dropped by businesses before four years in areas at high risk for wildfires. “I’ve heard from a number of regional communities around how not being in a position to attain insurance can produce a domino effect for the local economy, affecting home sales and real estate taxes,” says California Insurance Commissioner Ricardo Lara. A state report on coverage in wildfire-prone regions revealed that insurance companies do not take mitigation efforts when deciding when to supply policy, and customers have very little capability to appeal choices. A CoreLogic report discovered that more acres burned any other nation that year than in California at 2018, and claims in wildfires in the state at 2018 and 2017 exceeded $26 billion, a figure that may rise in the future as action raises. Associated Story: ABC 10 (movie )… Read More

We appreciate you! And please contact us if you need help when dealing with your insurance company. NO claim, NO fee!