Whether you’ve been dropped by your insurer, just moved to California, or are wondering how your insurance compares to others, making sure your home is protected can be a daunting task. The San Francisco Chronicle launched a new tool this week that aims to help California homeowners navigate the ever-changing home insurance landscape.”When we were designing this tool, we wanted to give readers an idea of how insurance companies feel about the California market and whether they’ve been signing up more customers over the past couple years or fewer,” said Chronicle home insurance reporter Megan Munce. Munce has been covering California’s home insurance crisis for the last two years. She teamed up with the Chronicle’s data team to create the tool. “I’ve found myself countless times responding to texts from family and friends, or emails from readers saying, ‘I got dropped by my home insurance company and I’m looking at this new one. Can you help me figure out whether they’re trustworthy,'” Munce said. At the top of the page, you can explore over 100 insurance companies doing business in California. You can find more information about each company by selecting a specific company from the drop-down menu. Graphs illustrate whether a company has grown or shrunk its presence within the state. You can also see how many times a company has requested rate changes in the last few years and by how much they have changed rates. “This is the first time that readers can track in real time for every insurance company in California whether they have an open request for rate changes or how they’ve changed their rates in the past,” Munce said. Reforms made by the Department of Insurance are expected to lead to an influx of insurance companies asking to change and update their rates. Californians can expect to see some of those requests come in starting this month. Ultimately, Munce hopes the tool empowers readers and helps them make informed decisions when figuring out who to trust with the place they call home. See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel
Whether you’ve been dropped by your insurer, just moved to California, or are wondering how your insurance compares to others, making sure your home is protected can be a daunting task.
The San Francisco Chronicle launched a new tool this week that aims to help California homeowners navigate the ever-changing home insurance landscape.
“When we were designing this tool, we wanted to give readers an idea of how insurance companies feel about the California market and whether they’ve been signing up more customers over the past couple years or fewer,” said Chronicle home insurance reporter Megan Munce.
Munce has been covering California’s home insurance crisis for the last two years. She teamed up with the Chronicle’s data team to create the tool.
“I’ve found myself countless times responding to texts from family and friends, or emails from readers saying, ‘I got dropped by my home insurance company and I’m looking at this new one. Can you help me figure out whether they’re trustworthy,'” Munce said.
At the top of the page, you can explore over 100 insurance companies doing business in California. You can find more information about each company by selecting a specific company from the drop-down menu.
Graphs illustrate whether a company has grown or shrunk its presence within the state. You can also see how many times a company has requested rate changes in the last few years and by how much they have changed rates.
“This is the first time that readers can track in real time for every insurance company in California whether they have an open request for rate changes or how they’ve changed their rates in the past,” Munce said.
Reforms made by the Department of Insurance are expected to lead to an influx of insurance companies asking to change and update their rates. Californians can expect to see some of those requests come in starting this month.
Ultimately, Munce hopes the tool empowers readers and helps them make informed decisions when figuring out who to trust with the place they call home.
See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter | Find us on YouTube here and subscribe to our channel
Alice J. Roden started working for Trending Insurance News at the end of 2021. Alice grew up in Salt Lake City, UT. A writer with a vast insurance industry background Alice has help with several of the biggest insurance companies. Before joining Trending Insurance News, Alice briefly worked as a freelance journalist for several radio stations. She covers home, renters and other property insurance stories.