12-16-2024, 01:57 PM
Greetings and Merry Christmas! QQ regarding insurance renewal, mine went up substantially and I was wondering if the same was true for you? We have had State Farm for our place in the Bar K for 12 years now and although it's never been inexpensive it went up a lot this year. I have pushed back and received this from my broker:
" To give you an idea of the overall costs and availability to even insure homes in higher wildfire areas, I don’t think that anyone else in this state would even insure that property. When I go into our eligibility tool, that home location is not something we can even write anymore due to higher than ever restrictions. So if for any reason that policy cancelled, we could not re-write it. State Farm is pretty much the “last man standing” when it comes to homes in high wildfire areas. "
Is everyone else experiencing the same from their insurance companies? Would you mind sharing who your companies are? Is State Farm really the last man standing?
Thanks, Greg & Cindy-
" To give you an idea of the overall costs and availability to even insure homes in higher wildfire areas, I don’t think that anyone else in this state would even insure that property. When I go into our eligibility tool, that home location is not something we can even write anymore due to higher than ever restrictions. So if for any reason that policy cancelled, we could not re-write it. State Farm is pretty much the “last man standing” when it comes to homes in high wildfire areas. "
Is everyone else experiencing the same from their insurance companies? Would you mind sharing who your companies are? Is State Farm really the last man standing?
Thanks, Greg & Cindy-