As many of you have seen several major insurers have pulled out of the state or refused to renew policies in recent months, forcing many Californians to struggle to find homeowners insurance. A suggestion made recently was to contact an insurance broker who deals with numerous insurance companies many of which may be smaller than those mentioned in the news but can provide insurance at reasonable rates. You can easily search and find such brokers online.

California did establish a program called the FAIR Plan as a last resort for fire insurance. The FAIR Plan is a privately run insurer of last resort meant to provide coverage to those who can’t get it from the traditional market. These plans typically cost property owners much more money on average and are only intended to provide temporary coverage for catastrophic events.