California faces complex insurance issues

California’s home insurance crisis is expanding into new, low to moderate fire risk areas such as the Inland Empire, where insurers are retreating from traditional policies. Homeowners now face limited options, often needing to rely on the FAIR Plan or unregulated surplus line insurers with high deductibles and no state oversight, making homeownership increasingly difficult and costly. As major insurers withdraw, the growth of the FAIR Plan in low-risk areas has surged, and the market shift has led to a rise in unregulated policies, leaving many homeowners exposed to significant risks without full coverage.

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