The Need for Non Standard Home Insurance in Marin County

Landslides? Floods? Forest Fires? Earthquakes? El Nino? You know you love the county, in spite of all the dangers and pitfalls. But when it comes to finding home insurance, it can much more difficult than most people think.

The world of Insurance is undergoing some significant transformation in the industry. We have read the news about Firemans Fund merger and move. But there are more major changes that are shaking up the industry. Have you been asked to put a GPS device in your car yet?

In regards to Home Insurance in Marin County, some major insurers are just not taking any new client properties, especially in towns like Mill Valley and out in West Marin. Many insurers are just non renewing policies. “ There are currently no laws in California that prohibit an insurer from non-renewing a homeowner’s insurance policy...” says a CBS report, titled Californians burned by insurance companies.

What to do if you own that property? Just Self Insure? Please don’t give up hope. Just because some insurers are bailing on Marin, doesn’t mean you should too. Shop around, call a few captive insurance agents and an independent insurance agent. My company: Marindependent Insurance Services LLC, certainly has lots and lots of options as an independent.

The most important thing to do though - is ACT. Immediately upon receipt of a notice of non renewal, email your declarations page off to those agents and have them look around for you. Do not, let your insurance policy expire without a new policy in place. Beyond the preferred carriers, lay the non standard insurance carriers, the California Fair Plan, and a few non admitted insurance companies, such as Lloyds of London and Lexington Insurance. Letting your insurance expire will make putting a new one into force all the harder.

Scott W Johnson - California License 0H11625

Marindependent Insurance Services LLC 0K10734

Reading about insurance online is no replacement for speaking with a licensed insurance agent in your state or jurisdiction.