The California FAIR Plan & Difference in Conditions (DIC) Insurance Polices; How they can help California Homeowners insure their higher risk properties

California homeowners that live in high brush areas may find it difficult to find home insurance or they may have been dropped from an insurer in the past. Typically homeowners can choose from a variety of home insurance companies. Although, there are certain disasters and other economic pressures that may cause an insurance company to discontinue covering homes in a particular region for a certain amount of time. There are situations where homeowners may be dropped from their coverage when it comes renewal time as well.

In difficult times like these it can seem tough to find good home insurance coverage. Luckily for California residents there is a government created insurer offering coverage through the California FAIR Plan. The best way to find out if you qualify for these programs is to contact a local homeowners insurance broker. Your home insurance agent can walk you through the application and show you the steps you need to take to complete the paperwork.

Eugene C Yates Insurance Agency just so happens to have several amazing home insurance agents that can help you. The process is easy, simply give us a call and you’ll be connected with a professional home insurance agent right away. We can be reached at 916 313 6100. We look forward to hearing from you!

How can a Difference in Conditions (DIC) policy help in addition to the California FAIR Plan?

A difference in conditions insurance policy can help fill the gaps between what the California FAIR Plan covers, if you don’t have a standard homeowners insurance policy. Typically, if you have a standard homeowners insurance policy, you will not need a difference in conditions policy. Although, if you can not get coverage under a standard policy, it is a great idea to look into filling the gaps in the coverage of your California FAIR Plan insurance policy.

Difference in conditions policies aren’t usually something your typical insurance agent will offer and some may not even know how to obtain coverage for one. Usually DIC policies are sold to commercial property owners who need coverage for catastrophic events. In todays changing and somewhat challenging market, homeowners and insurance companies are finding difference in conditions policies more and more useful. In addition, there are more insurance companies offering DIC insurance policies now.

When should I get a Difference in Conditions insurance policy?

Difference in conditions policies should be used to supplement your California FAIR Plan coverage. The FAIR Plan is very useful if you live in a high brush area and is primarily designed to provide protection from fire, smoke and lightening. As you can see the coverage is limited in the peril department. The DIC policy can be used to fill these gaps in coverage. By adding a DIC policy to the FAIR Play policy you will ultimately be covered for more risk and perils.

The difference in conditions policy can cover you for risks such as theft, liability claims and water damage. By combining the California FAIR Plan and the Difference in Conditions (DIC) insurance policy, you will be very close to resembling a standard homeowners insurance policy. This can be useful if you’re finding it difficult to find normal coverage.

What’s the best way to get a Difference in Conditions policy and California FAIR Plan coverage?

Going through the process on your own, can be time consuming and difficult to navigate. The best way to get a DIC policy and / or California FAIR Plan insurance is to speak to a reputable insurance broker like Eugene C Yates Insurance Agency. Our agents are experts when it comes to homeowners insurance. They will take a look at all of the options you have available to you and help you find the best coverage for the best rate for your situation.

Please give us a call today at 916 313 6100!