As you know, California had an unprecedented insurance crisis even before the Los Angeles Wildfires. As more and more carriers decide to either totally withdraw from the California Insurance market, OR suspend or limit the number of new policies they are willing to issue OR non-renew due to an underwriting issue (Exposure to brush, tree branches overhanging the roof, Algae/moss or mold on roof).  If you are fortunate enough to receive a renewal of your policy, it is crucial to keep that policy in force.

• Do not be late on your bill. Most carriers offer an automatic payment plan, either by EFT or by a recurring credit card option.
  
  
• Do not let your insurance lapse. For many carriers if your premium payment is not received BEFORE the renewal date, they will not accept the payment and you will be forced to secure a new policy, likely at a higher premium. Currently there are also “waiting periods” before the new policy will be approved or will go into effect.
  
  
• Do not drop your current insurance because of a rate increase. With the replacement carrier, you may be required to secure a home inspection at your expense and end up with either having to make costly repairs OR having your insurance cancelled for underwriting reasons within the initial 60 day underwriting period.

If you do get a Non-Renewal Notice on your current policy, it is most important to start looking for a replacement policy immediately. If the cause of the non-renewal is an issue that can be resolved, it is best to contact your agent to see if by correcting the issue, will the carrier consider removing the non-renewal status.

As an added benefit of your 1st Nor Cal membership, we at Lou Aggetta Insurance will help you review the things that are important to you and provide you with options for reducing risk in your life. If you decide to buy an Auto policy you will receive a $25 Gift Card. If you purchase both Auto and Home you will receive a $50 Gift Card.⁴ We are an independent insurance agent and can provide you with home, auto, life, health, business, and many other types of insurance coverage.