Uninsurable?

As building costs, fraud, and risk from wildfires and other climate disasters continue to rise, some insurance companies are backing away from issuing new homeowner policies in the Golden State. What does this mean for potential buyers and sellers?

CHIC (Pearl)

If you’re thinking of buying a home in California, you should get a head start on finding a home insurer who will give you a good policy at an affordable rate before making an offer. Understanding your annual expenses is a key factor in determining how high you’re willing to go.

GEEK (Kevin)

Insurance companies aren’t nonprofits, and they’re not stupid either. They already know the risks of insuring properties in earthquake country, and the recent trend of wildfires hasn’t made the equation any more favorable to them. In other words, don’t hate the player, Hate the game!

Supporting Earthquake Victims

It’s never too late to give what you can to help relief efforts following the devastating earthquake in Turkey and Syria. Please consider these organizations with your donations.

Chic vs. Geek: Preparing for Disaster

Most homeowners don’t think about tragedies like tornados, wildfires, and floods until it’s too late. But Californians have learned to prepare for the worst.

CHIC (PEARL)

When you live in a region that literally moves and shakes with unpredictable regularity, you owe it to yourself to invest in earthquake insurance. The California Earthquake Authority (CEA) is a reliable resource with a variety of options for owners of single-family homes, condos, and RVs. They also offer policies to protect renters..

GEEK (KEVIN)

You can pay for all the insurance you want, but if you truly want to protect your home and the loved ones inside from the next “big one”, you should consider a full seismic retrofit. Visit the CEA website to learn about the most common hazards and vulnerabilities and how to find a good contractor to help make your home more resilient.

A gentle reminder to be prepared

Did you feel it? Earlier this week, we were mid-conversation at a listing appointment in Milpitas when we felt a little jolt. Turns out it was a 2.1 magnitude earthquake! But even though it was just a "baby" quake by California standards, it was a good reminder to be prepared:

Make sure tall dressers, cabinets, and furniture are secured to prevent them from tipping over. Water heaters should also be tied or bolted in place. While you're at it, bring all of your appliances and utilities up to code. And don't forget to keep emergency supplies of potable water and non-perishable food in multiple places — especially water!

Need more tips? Let us know in the comments or send us an email.