I am having difficulty in finding a home insurance company in the Bay Area californi.
Any recommendations from anyone.

like
Posting as :
works at
You are currently posting as works at

I don’t live in the area, but I do work at an insurance headquarters. California is the only state we lose money. Florida is a bad one, parts of Texas. It’s going to be increasingly more difficult to insure homes in these areas. Cost of homes, risk exposure, and California regulates prices in such a way that we would have to cover homes we know will burn in Northern California in order to cover the homes in downtown San Francisco. We are exiting these markets intentionally. The California government should open up pricing so companies compete for your business, which may be expensive but represents the risk they cover. Instead they choose price fixing and everyone leaves. I imagine those areas will eventually have a state or federal program with poor coverage. And I’d happily throw the insurance companies under the bus if they were being greedy. I’m not that loyal. It’s a low margin business -2% to +8%

like

Are you calling individual places? I’d recommend using a broker.

I have contacted 2 brokers. But no luck.

Fair Plan if you can’t find anyone else. They provide only fire and then you get the rest from someone else.

Sorry what's the problem? Why is it hard to get home insurance

Related Posts

What salary or net worth do people here consider "rich"

like

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

like

9 years at the firm, 3 as a manager and I just broke $100k in the Northeast region. Maybe it's time to explore my options.

like

Alright this bowl has convinced me I need to buy a Rolex. Where do I begin? I know my brother got a Batman GMT after about a year at a jeweler he never purchased from a few years ago, but was he just lucky? Do I need a relationship with an AD in today’s market for a Sub or GMT? Based in Seattle but would prefer to buy in Oregon to avoid taxes

like

Does anyone want a 2 tone Sky Dweller on Jubilee, black face? I got an allocation from my AD and don’t want to upset them by saying no. Deal would be at msrp + tax.

Post Photo
like

What's up with risk declaration?

I'm working as an Assoc Consultant at KGS Advisory (tech). Are employees allowed to invest in all mutual funds (except those on REL)?
What are the restrictions for people who are not auditing?

like

Those planning FIRE who have 2+ kids. Do you plan on funding their entire college education public or private? Grad school? How does that factor into your financial planning?

like

One way to invest in rental properties is paying the downpayment and any renovation costs using saved up cash. I know folks also use HELOCs. So you'll end up with 2 loans. When do you pay off the HELOC? Personally I dont think taking out a HELOC is a great idea. What other strategy do you use to invest in rentals?

like

Is PLTR still a good stock to buy?

like

Do any of you guys use Microsoft Excel or anything like that when doing financial planning? Like for example having an excel spread sheet where you type in clients income, and income when retired

like

planning to sell my 2 BHK flat in Rahatani , near kokane chowk..if anyone interested ping me so can share the details. Thanks!

Will I be overpaying, if I get a 2017 Lexus RX350 AWD with 49.5 K miles on it for 32K out of door from a dealership near me? This is my first time buying a used car and also anything outside of a Honda. All insights are appreciated.

like

Talk me out of (or into!) buying a 2000 M Roadster. $14.5k, 111k miles. Mechanically sound with records, cosmetically nothing I can’t repair/replace.

like

If I invest in Eth today, would it be smart? Or should I wait till it cools down?

Confused as to how I should be buying more ETH. I have a Trezor, but would like to stake it while also having it be as secure as possible. Any advice?

like

What % of post-tax income do Londoners usually spend on rent?

Offered 6.2k per month post-tax and thinking of spending 2k on base rent, single household. Does that seem reasonable for someone who wants to save and invest?

like

I am not able to upload my tax declaration details from the greyHR portal. It is showing an error message since morning. Is there anyone else who is facing the same issue

likefunny

How diligent is Mintz background check. When it comes to education? My references, credit, criminal and work experiences will check out. However said I already graduated school when I am in reality a month away from graduating. The company sent over the contract and start date at the same time as the background check.

like

Hi folks,

What do you think, is NPS a good scheme of investing in comparison of Mutual funds, stock market and ppf?

like

Let's say through a combination of aggressive saving, high income, and savvy investments, I manage to save several million by the time I'm 40.

If at that time I decided to pursue my passion and go to law school so that I can be an affordable attorney for worthy causes, will my age hold me back from getting into law school?

likeupliftinghelpful

More Posts

Anyone have a good OTT vendor you have used and like their capabilities all the way through-targeting, delivery, reporting?
Been using Hulu mostly but need to branch out. Have to use managed service.

like

I’m curious to hear how agencies are structuring their media fees (10%? 15%? 20%!? of spend) Any performance bonus structures? Would love context too. Platforms you’re responsible for? (Fb only? Google & Fb? Emerging platforms?) KPIs? (Awareness/impressions vs. Full funnel d2c) Scope? (Buy and plan vs. Creative AND buying planning). Curious to learn how others’ have evolved their agreements. Thanks in advance for sharing!

like

Best leadership books you’d recommend? promoted to manage a large team and looking for some books to get practical advices!

like

What is the typical time for Google to come back with your interview results? It’s been more than a week now..

like

I have my final interview at Headway for Software Engineer on Monday, any specific things I should prepare for? I chose the full stack technical interview.

Any tips appreciated!

like

How is work life balance at Deloitte India?

Looks like I'll be stranded in Boston due to the crummy weather. Any thoughts on what to do while I'm here??

like

Okay - any fellow consultants that turned around their lives? Like late bloomers, change in outlook(becoming optimistic), or just finding more helpful and happy people in life? Some upbeat stories plz

likeuplifting

My office chair stinks even though I wash it with carpet cleaner every few weeks. Fellow 24/7 WFH workers, how do you keep your office chair clean?

likefunny

Any shops to avoid as a Strategy Director? A female strategy director at that.

like

Hi guys,
I got an offer letter from citi bank but the HR said its not confirmed yet. It will be confirmed after doing the background verification. How harsh is background verufication and when should i expect BGV done and is there aby case of terminating offer due to background verification.
@citibank

like

What's the average salary for RN-BC with 8 years experience in ER in the Cleveland area?

like

Has anyone tried Apposta?

I hope everybody received 2k Amazon voucher as Xmas gift

like

History of BCG layoffs anyone?

like

How is VISA managing the upcoming economic slowdown? Any word of slowdown in hiring or hiring freeze? How did VISA manage employees during the Covid recession? Any layoffs occur then?

helpful

Is Epsilon people are lazy or what there have kept an interview late night and none have joined, I called recuiter who organise also not lift the call. Unethical people

Hey guys,

I recently joined tcs and they told me to work at the Qualcomm office.

How will Qualcomm. What are benefits to the employee who comes from other companies to work at Qualcomm

How long does it take to implement a Plaid API product?

like

Additional Posts in The Real Estate Bowl

Anyone know the average annual rent increase for 1200 sqft 2 bedrooms? I’m renting and want to know what to expect in a few weeks

like

Thoughts on buying pre-construction homes in markets that are popping and flipping selling them when construction is complete?

My uncle does this (he’s a realtor) and usually gets 2-3x return. Obviously there is huge risk because property prices can change a lot in 1-2 years, but at the same time the upside is hard to ignore.

Anyway I protect myself against the downside risk? (other than loosing my down payment)

like

Any potential flags/benefits for dual agency? My agent and the seller's agent work for the same company.

like

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

like

One way to invest in rental properties is paying the downpayment and any renovation costs using saved up cash. I know folks also use HELOCs. So you'll end up with 2 loans. When do you pay off the HELOC? Personally I dont think taking out a HELOC is a great idea. What other strategy do you use to invest in rentals?

like

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

like

Good cities/neighborhoods to invest in around Dallas? Looking for a SFH with max price around 300k. (w/ 70k down)

like

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

like

How did you get started with your personal investing in stocks? I am 26, F, have some money in savings, 401k, stocks and just started my own business albeit small. I’m extremely interested in real estate investing have been reading and listening to podcasts. Any advice?

like

Better to aggressively pay off $15k in student loan debt and pay off by early next year or make the min $200 payment and save the rest for down payment/emergency funds?

like

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

like

Commercial real estate question. When a residential property will likely zone commercial in the coming years, do we, the owner, wait for a buyer/developer to contact us?

like

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Hi, has anyone worked at Freddie mac? Particularly the multifamily investments division?

I really need recommendations. I want to replace the through-the-wall AC units in my condo. Anyone buy ones you really like? Or rent an apartment and are happy with your (newer) AC units?

Tried doing research online but reviews are all over the place. And would love firsthand recommendations.

like

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

Thinking about investing in a 3-4 unit building in Chicago (Jefferson Park, Avondale, Bridgeport, etc.). Is the upcoming winter a good time to do so?

like

Bought a 300k end unit townhouse in Atlanta, 14 months ago with 10% down (3.65% interest rate). Prices in subdivision have been increasing over that period. This month 2 non-end units listed for 330k and sold right away. The opposite end unit on my 5 unit building was listed for 340k and is currently pending. What is the best way to stop paying PMI since since I should be at 20% equity?

like

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

like

We just moved into a 50 year old house. We got the popcorn ceiling removed in the garage plus had the walls done. We didn’t use an official asbestos expert because of the price.

The horrible, dirty people that lived there before us left us a crappy mess. Hope we are not exposed, nor the neighbors.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal