On this episode, I chat with Dirk Zeigler of Zeigler insurance who shares his thoughts on why California insurance rates of home, auto and other types of insurance will skyrocket.
Insurance is supposed to be boring until you need it, but not anymore with rate increases, laws and other shenanigans that is going to hit everyone’s wallets due to the many complex issues. Companies have already issued 10-20% rate increases while others are requesting 20%+ on auto and home insurance. We get into companies no longer wanting to write policy in California and leaving, cancelling policies, Prop 103, what State Insurance Commissioner Ricardo Lara is doing. Impact of state laws, natural disasters, miles driven, crime, under insurance. Even renters insurance is increasing. Zeigler also provides tips on how to save money and drops information on what to ask your agent.
For more information on Zeigler insurance, visit: www.zeiglerinsurance.com
Insurance Rate Increase Sources:
- https://calmatters.org/economy/2023/12/california-car-insurance/
- https://www.cbsnews.com/sacramento/news/california-drivers-paying-more-for-car-insurance-as-others-struggle-to-get-insured/
- https://sfstandard.com/2024/01/09/state-farm-allstate-homeowners-auto-insurance-increase/
- https://www.kcra.com/article/california-insurance-price-policies-climate-change/45253629#
- https://www.eenews.net/articles/calif-scared-off-its-biggest-insurer-more-could-follow/
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Previous Episodes
- Jan 16 – Sean McCauley Gives Project Status Updates and More
- Dec 5 – The Speakeasy Baking Co Heads to Food Network
- Nov 13 – Podcast: Oakley Chamber of Commerce Relaunched
- Nov 8 – Podcast: Too Much Bad Real Estate Advice
- Oct 30 – Podcast: Goodbye WTF California and Hello Contra Costa News
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