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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
6
Votes
Shari Nott mcKinley
  • Rental Property Investor
  • Rancho Cucamonga, CA
6
Votes |
7
Posts

California Mountain Home Insurance Rates are Insane

Shari Nott mcKinley
  • Rental Property Investor
  • Rancho Cucamonga, CA
Posted

Last month one of my properties in Running Springs came up for insurance renewal. It’s a small 1400 sqft homes in the mountains so considered fire zone. For the past 6 years I’ve been paying about $1600 annually for my policy but the agent called and said it came in at $5000 this year! 

Has anyone else had this issue? Any suggestions? Anyone out there who has mountain property in California know of a good agent who has experience with this?

Most Popular Reply

User Stats

127
Posts
78
Votes
Jason Cacioppo
  • Real Estate Agent
  • Commerce CIty, CO
78
Votes |
127
Posts
Jason Cacioppo
  • Real Estate Agent
  • Commerce CIty, CO
Replied

I would sell this property if you can afford to lose it. Insurance will get worse and the fires are an actual valid concern for the area.

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