Lost Your Homeowners Insurance in California? Narvaez Insurance Services Has You Covered!

Facing the sudden loss of homeowners insurance in California can be daunting, especially when trusted providers like Allstate or State Farm decide to pull out or raise rates. But worry not! Narvaez Insurance Services is here to step in, partnering with financially strong, non-admitted carriers to ensure you are never unprotected.

Narvaez Insurance Services – Homeowners Insurance

We got you covered

We have been around for over 17 years, building relationships with different carriers, following the insurance industry, and keeping our insurance knowledge sharp and current. We understand why carriers are dropping policies and why carriers are no longer writing coverage. We also understand that insurance will likely offer coverage when a risk is correctly underwritten. That is where we come in; we will work with you to find coverage. Non-admitted carriers, or surplus lines carriers, are a tried and tested way to provide coverage in areas where other carriers do not know how to underwrite properly. Get a homeowners insurance quote now.

What Are Non-Admitted Carriers?

Have you heard of Lloyds of London? Non-admitted carriers might sound unfamiliar, but they play a crucial role in the insurance landscape. These insurance companies aren’t licensed by the state like an admitted carrier but are still authorized to provide coverage under specific conditions. They offer flexibility and specialized policies that admitted carriers often don’t. Admitted insurance carriers can only charge premium rates as approved by the California Department of Insurance. At the same time, non-admitted can adjust rates according to the property risk characteristics by using the IRPM method, also known as a Modified premium.

Why Do Major Carriers Drop Coverage in California?

California’s risk factors, such as wildfires, earthquakes, and other natural disasters, can make it a challenging market for insurance providers. Major carriers like Allstate or State Farm drop coverage usually due to increased risk and claim volumes, pushing them to re-evaluate their insurance offerings.

The Narvaez Insurance Services Difference

This is where Narvaez Insurance Services steps in to fill the gap. By collaborating with top-tier non-admitted carriers, Narvaez ensures that Californians can access reliable and comprehensive homeowners insurance even when traditional providers exit the market. Their extensive network and expertise guarantee you’ll have the coverage you need.

Benefits of Choosing Narvaez Insurance Services

1. Tailored Coverage: Policies designed to meet your unique needs and risks.
2. Financial Stability: Partnerships with financially robust carriers ensure reliability.
3. Competitive Pricing: Affordable rates without compromising on coverage.
4. Expert Support: Guidance from insurance professionals to navigate complex options.

How Narvaez Stands Out

• Personal Attention: At Narvaez, you’re a priority. They take the time to understand your situation and find the best solutions.
• Swift Response: Speed is crucial when you need coverage. Narvaez prides itself on quick response times to get you protected fast.
• Diverse Options: Whether you need essential protection or extensive coverage, Narvaez offers a range of options tailored to your needs.

Real-Life Success Stories

Consider Maria from Northern California, who lost her homeowners insurance due to wildfire risks. Narvaez Insurance Services helped her secure a policy with a non-admitted carrier that included wildfire coverage, giving her peace of mind during fire season and complying with the mortgage requirements.

Or think about Robert, who struggled to find coverage after his previous carrier dropped him due to a prior claim. Narvaez stepped in with a robust policy covering his home, ensuring he stayed protected.

Getting Started with Narvaez Insurance Services

1. Reach Out: Contact Narvaez through their website or phone or complete our online form.
2. Consultation: Discuss your specific insurance needs with an expert.
3. Receive a Quote: Get personalized insurance quotes tailored to your situation.
4. Choose Your Policy: Select the best coverage option for your home.
5. Stay Protected: Enjoy the security of knowing your home is covered.

FAQs

What is a non-admitted carrier? Non-admitted carriers are insurance companies not licensed by the state but approved to offer insurance under certain conditions, often providing more flexible and specialized coverage options.

Why do major carriers drop homeowners insurance in California? Major carriers may drop coverage due to high-risk factors like wildfires, earthquakes, and high claim volumes, which can lead them to re-evaluate their insurance portfolios.

Is it safe to use a non-admitted carrier? Yes, especially when partnered with a reputable service like Narvaez Insurance Services, which ensures these carriers are financially solid and reliable.

How quickly can Narvaez get me covered? Narvaez prides itself on fast response times, often providing coverage solutions within days of your initial consultation.

Does Narvaez offer other types of insurance? Absolutely! Narvaez provides various insurance products, including auto and commercial policies, to meet all your insurance needs.

Wrapping It Up

Narvaez Insurance Services is your go-to solution in California when major insurance providers leave you high and dry. Their partnerships with financially strong non-admitted carriers ensure you get the comprehensive coverage you need, tailored to the unique risks of the Golden State. So, if you suddenly lack homeowners insurance, contact Narvaez and secure the protection your home deserves.