We were recently effectively non-renewed by Nationwide as part of their purge of SoCal business. They fired our independent agent, non-renewed the umbrella and according to our agent will non-renew the homeowners when it comes up. They offered to renew the auto because they have to by law, but with a nice rate hike after more than a decade of claims-free business. So I went shopping after my agent told me that he had nobody that would write all of our policies. I found that in the market the choices were slim and none. And expen$ive !
USAA is still willing to write homeowners policies as long as your wildfire risk score on their 1-to-32 scale is ONE. TWO and you're out. Fortunately we slid under that bar and they were willing to write homeowners, CEA (earthquake), auto, valuable property and a $5M umbrella at a reasonable rate with substantial multi-policy discounts. So I'm saved! However, they said they would need to do an inspection of the property after the policy start date. That has me nervous and my question is whether anyone has had a USAA homeowners new policy inspection recently in SoCal or if anyone knows exactly what they are looking for. Either the rep didn't know or didn't want to reveal this. Any thoughts?
The house is in reasonably good shape although I have a fairly long punch-list of projects that accumulated while I was out of commission for a while. One of the yard gates needs replacement and doesn't close well (this is a liability issue as we have a pool). There's some minor water damage around one window and we have two large pine trees right next to the house in front (possible fire hazard?). Are those going to be issues?
USAA is still willing to write homeowners policies as long as your wildfire risk score on their 1-to-32 scale is ONE. TWO and you're out. Fortunately we slid under that bar and they were willing to write homeowners, CEA (earthquake), auto, valuable property and a $5M umbrella at a reasonable rate with substantial multi-policy discounts. So I'm saved! However, they said they would need to do an inspection of the property after the policy start date. That has me nervous and my question is whether anyone has had a USAA homeowners new policy inspection recently in SoCal or if anyone knows exactly what they are looking for. Either the rep didn't know or didn't want to reveal this. Any thoughts?
The house is in reasonably good shape although I have a fairly long punch-list of projects that accumulated while I was out of commission for a while. One of the yard gates needs replacement and doesn't close well (this is a liability issue as we have a pool). There's some minor water damage around one window and we have two large pine trees right next to the house in front (possible fire hazard?). Are those going to be issues?
Statistics: Posted by bd7 — Thu May 09, 2024 9:49 pm — Replies 3 — Views 351