INSURASALES

Tag: fire risk

California FAIR Plan Proposes 35.8% Average Rate Hike for Fire-Exposed Homeowners

The California FAIR Plan proposes a 35.8% average premium increase, with hikes up to 50.9% in fire-prone areas, impacting Santa Cruz County homeowners. Insurance professionals should monitor regulatory review and market implications.

Navigating Emerging Fire Risk in Residential EV Charging for Insurers

Discover key insurance challenges and strategies related to rising fire risks from residential electric vehicle charging, including claims complexity and coverage coordination.