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Volume 8 | May 31,2023
State Farm stops writing new Homeowner policies in California
Many carriers have either paused, slowed, or completely stopped writing insurance policies in California.
The biggest and most recent is State Farm.
https://newsroom.statefarm.com/state-farm-general-insurance-company-california-new-business-update/
It is my understanding two of the biggest factors causing this is Inflation and Catastrophic Fire Risk.
I want to emphasize that I am here to help with any of your insurance needs, and shop multiple carriers to find the best options available.
Auto Insurance Challenges in California
Getting auto insurance in California has become increasingly difficult. Similar to the above many carriers have either paused, slowed, or completely stopped writing auto insurance in California.
Reasons for this are Increased Accident Rates, Rising Repair (inflation again) and Medical Costs, the Regulatory Environment in the State, and tightening Underwriting Standards.
Again, I am here to help you. Even if it's just to review your current coverages and make suggestions on coverage changes to your policies elsewhere. Do not hesitate to reach out to me with any insurance related questions.
State Farm stops writing new Homeowner policies in California
Many carriers have either paused, slowed, or completely stopped writing insurance policies in California.
The biggest and most recent is State Farm.
https://newsroom.statefarm.com/state-farm-general-insurance-company-california-new-business-update/
It is my understanding two of the biggest factors causing this is Inflation and Catastrophic Fire Risk.
I want to emphasize that I am here to help with any of your insurance needs, and shop multiple carriers to find the best options available.
Auto Insurance Challenges in California
Getting auto insurance in California has become increasingly difficult. Similar to the above many carriers have either paused, slowed, or completely stopped writing auto insurance in California.
Reasons for this are Increased Accident Rates, Rising Repair (inflation again) and Medical Costs, the Regulatory Environment in the State, and tightening Underwriting Standards.
Again, I am here to help you. Even if it's just to review your current coverages and make suggestions on coverage changes to your policies elsewhere. Do not hesitate to reach out to me with any insurance related questions.
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Volume 7 | April 13, 2023
Some good news (and potentially bad news) The Good News: California in general is currently not in a drought and we have a snowpack near or at a record. The potentially Bad News: According to the DWR, the size and distribution of this year’s snowpack is posing a severe flood risk to certain areas of the state. Did you know? If so inclined, you could get an insurance policy for Alien Abduction...
Are your high value items covered?
Scheduling something on your homeowner insurance policy means that you are specifically listing and identifying a valuable item, such as jewelry or artwork, and requesting additional coverage for it beyond the standard coverage limits of your policy. This allows you to insure the item for its full value and protect it against damage, theft, or loss. Feel free to call, text, or email with any questions about your insurance coverage. |
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Volume 6 | March 15, 2023
Saving Money and Making Life Simpler Have we quoted your Home and Auto policies as a bundle? Bundling your insurance can save you money. Many insurance companies offer 5% - 25% discounts if you have more than one policy with them. Also, with your policies at one agency there is only one number to call instead of having to remember where to call for each policy you have. Curious if bundling may benefit you? Let us do the shopping and comparing, we work with multiple carriers and are able to find you the best cost and coverage for your specific situation. --Click HERE to get started-- 24/7 Flood Insurance Quotes
With the link below you can now get instant flood insurance quotes 24/7. https://www.teamcia.net/flood-insurance-quote.html |
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Volume 5 | February 17, 2023
What is Umbrella Insurance? Even a minor accident could result in a costly lawsuit that exceeds your home or auto insurance coverage...That's where umbrella insurance comes in. Think of umbrella insurance as an extra layer of protection that helps safeguard your assets and finances. Umbrella insurance is not just for the wealthy or those with high net worth. Anyone can be at risk of a lawsuit, and the cost of an umbrella policy is much less than the cost of a legal settlement. --Do you have an umbrella policy?-- What is Service Line Coverage? Service line coverage insurance is an optional insurance that can help protect you from unexpected costs due to the failure of underground utility lines or pipes that run from your home to the street. This type of coverage helps cover the costs of repairs or even full replacement of service lines that are damaged due to wear and tear, tree roots, or other causes. Without service line coverage, you could be left with a hefty bill and the inconvenience of living without water, gas, or electricity while the repairs are being made. --Does your current homeowner insurance policy have this coverage?-- |
Image Credit: Sacramento Area Sewer District
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Volume 4 | January 10, 2023
Current Storm System: What about Flood coverage? Homeowners may believe flood insurance is part of their home insurance.
Filing A Claim / Should I File a Claim? I've received questions from clients, friends and family asking: "How do I file a claim?" or "Should I file a claim?" The answer to the first question is easy, call your Agent (hopefully that's me) so we can get the process started. The answer to the second question is more complicated. I would be happy to go over your specific situation with you (even if I'm not your Agent...currently). |
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Volume 3 | December 23, 2022
Windshield Replacements can be EXPENSIVE! Earlier this year we needed to replace the windshield on my wife's vehicle. Like many newer vehicles her car has a lane departure system. This valuable safety feature uses sensors somehow connected to the windshield. Having the windshield replaced requires these sensors to be recalibrated. I mention this because the recalibration service runs in the hundreds of dollars (total bill before insurance came out to over $1,000!). Do you know your glass deductible on your auto policy?? Wishing you and yours a Merry Christmas! Thank you for putting your trust in our agency. This is the first Christmas for Camara Insurance Agency and we look forward to serving you for years to come. (This ornament was a gift from one of our favorite business partners) |
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Volume 2 | November 8, 2022
Have you downloaded our App? 24/7 access to everything you need. Life can be unpredictable. You can count on us to be there for you, ensuring things happen promptly and efficiently, always with the goal of getting your life and business back to normal as quickly as possible. Costs all around us are going up... According to the U.S. Bureau of Labor Statistics, prices of goods and services have gone up over the last three years. So far in 2022:
If your Home or Auto policy renewal seems high, let's have a conversation and see if we can save you money by switching to another Carrier. Last month we were able to save one client in a high fire area thousands of dollars. |
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Volume 1 | October 12, 2022
Saving Money and Making Life Simple Have we quoted your Home and Auto policies as a bundle? Bundling your insurance can save you money. Many insurance companies offer 5% - 25% discounts if you have more than one policy with them. Also, with your policies at one agency there is only one number to call instead of having to remember where to call for each policy you have with different agencies. Curious if bundling may benefit you? Let us do the shopping and comparing, we work with multiple carriers and are able to find you the best cost and coverage for your specific situation. Give us an opportunity to be your one stop shop and make your life easier! |
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