Since March, at least four major insurers have stopped writing business in several key lines of both personal and commercial business, leaving property owners with limited coverage options. Since March, at least four major insurers have stopped writing business in several key lines of both personal and commercial business, leaving property owners with limited coverage options. Photo: digitalfoto105 – stock.adobe.com

Insurance availability in California is reaching an inflection point for carriers, consumers, and elected officials alike, fueled by the collective impact of wildfires, economic conditions, and actions (or, critics say, inaction) by the state’s Department of Insurance.

Since March, at least four major insurers have stopped writing business in several key lines of both personal and commercial business. As a result, consumers have found themselves with fewer viable options for homeowners and personal auto coverage in particular — and for those living in wildfire-exposed areas, the rates for the limited cover available to them are priced exceedingly high.

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