Two new lawsuits filed in Los Angeles are shining a spotlight on a worsening insurance crisis in California. Complaints allege that major home insurance companies, including State Farm, have colluded to limit coverage in wildfire-prone communities, forcing homeowners onto the state-run FAIR Plan. This last-resort plan offers only basic coverage and comes with high premiums,...Read More
As severe weather season approaches in Minnesota, many homeowners are taking a closer look at their property insurance—only to find that coverage isn’t what it used to be.Read More
The challenges facing homeowners in disaster-prone areas have grown exponentially, particularly in California. In 2023, three major home insurance companies in the state denied claims at rates significantly higher than the national average, according to a report from Weiss Ratings (source). This trend raises concerns about the state of home insurance amid a climate crisis...Read More
State Farm, California’s largest home insurer, is requesting a 30% rate increase on homeowners insurance. The company cites wildfire risks and rising reconstruction costs as reasons for the hike. However, advocacy group Consumer Watchdog has raised concerns about the fairness of these rates. Why is Consumer Watchdog criticizing State Farm?Read More
On August 5, 2024, Hurricane Debby made landfall in Florida, bringing 99 mph winds, a 6-foot storm surge, and dozens of tornadoes. The storm caused extensive flooding and wind damage, leaving thousands of homes and businesses demolished and tragically resulting in eight fatalities.Read More
On September 19th, we celebrate International Talk Like a Pirate Day—a fun reminder of the days when treasure, ships, and the high seas ruled the world. But did you know that modern property...Read More
In a significant move affecting Texas homeowners, Progressive Insurance has announced a temporary suspension of offering new homeowners insurance policies in the state. This decision comes on the heels of Hurricane Beryl’s devastation across Houston and raises concerns about the stability of the homeowners insurance market in Texas. At Chad T. Wilson Law Firm, we...Read More
Texas residents and property owners continue to be absorbed in the post-derecho of 2024, and Hurricane Beryl. Navigating the storm of insurance claims can be maddening and confusing. But that’s not surprising when your house or business is damaged or destroyed and you are dealing with property damage and loss. Here’s a brief blog to...Read More
If you have property damage, it can be a very stressful situation for you and/or your family. Whether it be from a hurricane or tropical storm or from an accidental event, the last thing that you expect is for your insurer to deny an insurance claim it may owe...Read More
Structural Integrity: A damaged roof can compromise the structural integrity of your property. If left unrepaired, even minor damage can worsen over time, potentially leading to more extensive structural issues. Water Damage: One of the most common problems associated with roof damage is water leakage. Holes, cracks, or missing shingles can allow water to seep...Read More
