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Episode 10 - Critical Insurance Update & Podcast: Mitigating Wildfire Risk in California

Episode 10 - Critical Insurance Update & Podcast: Mitigating Wildfire Risk in California

FromAll Things Wildfire Podcast


Episode 10 - Critical Insurance Update & Podcast: Mitigating Wildfire Risk in California

FromAll Things Wildfire Podcast

ratings:
Length:
25 minutes
Released:
Jun 8, 2023
Format:
Podcast episode

Description

Join us for an urgent update on the California homeowner insurance landscape and discover crucial strategies to protect your properties from the increasing risk of wildfires. Recent developments from major insurance companies—State Farm, Allstate, and Farmers Insurance—reveal a suspension of new homeowner insurance policies in California due to the amplified threat of wildfires fueled by climate change. This shift has significant implications for new buyers, who may face limited options and higher costs, as well as existing policyholders, who could experience rising premiums or non-renewal of their policies. To navigate this changing landscape, we present a special podcast featuring Janet Ruiz, The Director of Strategic Communications for the Insurance Information Institute. Janet comprehensively explains the challenges faced by insurance carriers and provides practical advice for homeowners adapting to this new reality. In the coming weeks, we'll delve into wildfires and the evolving insurance market in California.  We'll provide resources, connect you with experts, and answer your burning questions. Tune in to our podcast for essential insights on mitigating wildfire risk in California. Let's safeguard our homes and communities from the growing threat of wildfires.
Released:
Jun 8, 2023
Format:
Podcast episode

Titles in the series (33)

All Things Wildfire is where you will learn everything you can do about living in a wildfire hazard area by us bringing in all the experts in the industry. We will bring in Insurance specialists, state officials, fire officials, and wildfire solution providers.