Many insurance companies have stopped giving new home insurance policies in California, especially when dwelling coverage is greater than $1M. I was able to get a quote only from Farmers insurance and other companies denied. Do you have any recommendations on companies that have low premium cost, based on recent experience? Companies like State Far. and All State stopped in California recently because of soaring wildfire and construction costs: https://www.latimes.com/business/story/2023-06-02/allstate-state-farm-stop-selling-new-home-insurance-in-california #insurance #housing
What did they quote and for which area?
$4,500 for San Jose
That’s steep- how much is the house worth?
Hippo
Hippo is not giving in CA for large houses.
You negotiate the premium op lol
Stillwaters
Stillwater is not giving in CA for large houses.
Really? I got it last year for 2M house. Do you know why they stopped?
I got a broker if you want a referral
Don’t Google have some employer discount or partnership with insurance companies?
Who told you to buy a 1M dwelling house
My neighbor’s home insurance provider dropped her coverage for just being one day late on her annual payment. Don’t forget to pay your home insurance bill on time.
Mercury insurance