Many people are highly aware of the serious problem with homeowners’ insurance in California. People who live in areas at or near to fire zones are having their homeowner insurance policies cancelled or non-renewed. In most cases, there are no other insurance carriers who are willing to write homeowners insurance with an affordable premium. The result is that their only option is a policy underwritten by the California FAIR Plan. Since the FAIR plan does not include liability or coverage like theft or water damage, a companion DIC (difference in conditions) policy may be recommended.
Read more on the state of the state HERE.