California Homeowners Insurance Is Changing- What Buyers & Sellers Need to Know

In this episode of Real News Extra®, Jennifer Felten, Esq., Founder and Principal of RELAW, APC, joins Fred Felten, Operations Manager, to discuss the current state of the California homeowners insurance market and what today's rapidly changing insurance environment means for homeowners, buyers, sellers, investors, and real estate professionals.

California's insurance landscape continues to evolve, creating new challenges while also presenting new opportunities. Jennifer and Fred examine the factors driving today's market, including rising insurance premiums, carrier availability, limited coverage options in high-risk areas, and the impact these changes can have on real estate transactions. While insurance costs continue to increase, they also discuss how the return of additional insurance carriers to the marketplace is improving availability for many property owners, a positive sign after years of limited options.