Mass market insurance companies are not suited to offer the coverage an affluent lifestyle requires.
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Despite months of extreme heat and drought, California fared well as peak wildfire season ended. However, experts say the state got “lucky” in 2022.
California homeowners face a mixed risk profile when looking at home insurance loss trends, according to a new LexisNexis report.
Californians might see discounts on their property insurance premiums if they take steps to wildfire-proof their houses thanks to a new state rule.
Homeowners in three states have seen their policy premiums rise at double the pace of inflation. But none of them are California.