Households that include certain breeds of dog could soon find that they are being denied coverage. Homeowners insurance companies across California are starting to make the decision as to whether or not they will be continuing to cover properties in which the owners have certain breeds of dog such as pit bulls. These breeds are being seen as a potential liability, and the risk is deemed too high by some insurers. There have been reports of certain homeowners insurance companies – including The Hartford, which was mentioned in an article…
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California is taking steps to promote earthquake insurance
Few homeowners in California have insurance protection against earthquakes Few people in California have earthquake insurance, and this is being considered a significant problem by the California Earthquake Authority and state lawmakers. The organization has begun working with Assemblyman Ken Cooley in order to address the issue. New legislation has been introduced, highlighting the lack of insurance coverage for the state’s homeowners. The legislation is expected to take effect in 2016 and requires insurers to provide homeowners with easily understood information regarding their insurance coverage and earthquake coverage. The number…
Read MoreHomeowners insurance fraud scheme in California sells fake policies in fire risk areas
There has been a vicious rash of bogus coverage sales as property owners desperately seek new protection. According to a recent homeowners insurance news release by the California Department of Insurance, yet another arrest has been made as property owners in areas at a high fire risk have fallen victim to a fake policy scam. The report identified 57 year old Dean Joseph Basler of Ventura as the latest embezzler. It stated that the Ventura County Sheriff had arrested Basler following a homeowners insurance investigation conducted by the Department of…
Read MoreHomeowners insurance renewal isn’t guaranteed for those near California wildfires
Some policyholders are finding that their insurers are choosing not to allow coverage to continue. At the same time that many homeowners insurance customers are discovering the peace of mind that their policies can bring as the wildfires in California continue to creep ever closer to their homes, others are finding that if their policies are up for renewal, it may not be possible to continue their coverage. It is clear that this is a stressful time for the people living near the wildfires, and this is making it worse.…
Read MoreHomeowners insurance confusion is common in California
Confusion concerning homeowners insurance protection is a major problem in California Confusion is a common problem among a large portion of Californians when it comes to the basics of homeowners insurance. A new poll from InsuranceQuotes.com, an insurance aggregator, shows that many people do not accurately know what their homeowners insurance policies cover. This confusion is not only common in California, of course, and has been documented elsewhere in the U.S. Homeowners insurance confusion was recently highlighted as a major issue that exacerbated the impact of 2012’s Hurricane Sandy. Homeonwers…
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