Mass market insurance companies are not suited to offer the coverage an affluent lifestyle requires.
Category: Asset Protection
California homeowners face a mixed risk profile when looking at home insurance loss trends, according to a new LexisNexis report.
It’s a situation more Americans are facing, a natural disaster strikes, but private insurance and government relief programs don’t cover all the repair costs.
California officials rolled out the “Safer from Wildfire” program this month hoping to address the state’s homeowners insurance crisis.
Following years of non-renewals by midrange insurers in California, AIG and Chubb are starting to cut coverage for multimillion-dollar homes.