A Personal Insurance Update
The past few years have seen wildfires destroy communities, homes, and people’s lives. Our thoughts and prayers are with those of you who have suffered a loss. Experts tell us that the total property loss for these events will reach over 12 billion dollars.
Beginning last fall, California suffered a series of wildfires that damaged or destroyed more than 14,700 homes, according to the state regulator. Those losses resulted in “more than $9 billion in insured damages so far.”
Much of the damage was insured—which is a good thing. However, now experts tell us that there is going to be a growing rate of non-renewals and rate increases for homeowners.
We want you to know that our agency will do everything in our power to help you find the best possible combination of coverage, price, and service for your property. We have access to many markets, which allows us to shop for better options. We know which insurers are financially stable to take on your risk.
More information on wild fires