Contact us

916-750-2489

Send us an email!

Contact details:

Message:

Your message has been sent successfully. Close this notice.

Travel insurance Quote

Level of protection: $

Contact details:

Travel

Your Quote Form has been sent successfully. Close this notice.

Car insurance Quote

Contact details:

Your car:

Your Quote Form has been sent successfully. Close this notice.

Life insurance Quote

Level of protection: $

Contact details:

Have you used tobacco or nicotine products in the last 12 months?

Yes, I have No, I have not
Your Quote Form has been sent successfully. Close this notice.

House insurance Quote

Your house:

Contact details:

Your Quote Form has been sent successfully. Close this notice.

Get A Quote

Full Name

Email Address

Phone Number

Your Quote Form has been sent successfully. Close this notice.
5 months ago · by · 0 comments

What is The FAIR Plan?

What is the California Fair Plan?

For some folks, the California Fair Plan (CAFP) is a last ditch effort to get their property insured.

So what exactly is the Fair Plan? Simply put, FAIR Plans help cover high risk properties when the standard markets won’t.

But first lets answer the question: what makes a property high risk?

A property that is prone to natural disasters, be it fires, tornadoes, windstorms, mudslides. Some properties are considered high risk because they are in areas prone to high levels of crime, but today we will focus on the FAIR Plan as it pertains to the current fire crisis in California.

“FAIR” stands for Fair Access to Insurance Requirements. Ironically, the program was NOT designed in an attempt to insulate us from the worsening of fires here in the state we love.

The FAIR plan is an insurance pool that was created in 1960 in order to give people a place to acquire property insurance. But FAIR Plan can only be utilized once standard markets are exhausted.

The program is not taxpayer funded. All California property insurers are required to participate in the program. If they don’t participate, they aren’t able to conduct business here in California where some 40 million residents live.

The Fair Plan policies are bare bones policies. They provide considerably less coverage than coverage afforded in the standard markets.

FAIR Plan consumers would do well to really educate themselves (with the help of a broker) on what the policies do and do not cover.

FAIR Plan is by nature restrictive because it only covers losses stemming from certain perils. That list of perils is shorter than would be on a standard market policy.

Its very important to understand that the FAIR Plan is a last resort approach to insuring your property.

So what should you do if you’ve seen your premiums skyrocket, or even worse, are unable to find coverage? The best plan of attack is to contact an independent broker who has the ability to write insurance with many carriers. Bonus points if that broker is appointed by the state to write FAIR Plan policies.

At Inspire Insurance Services in Roseville, CA, we have the education and carrier access to find insurance for your high fire risk property. If we’re unable to find a carrier that will take your risk, we are also appointed with the state to write FAIR Plan policies. Simply put, if there’s insurance out there to protect your property, we can make it happen for you.

We know this crisis is creating a bunch of stress for hard working folks across the state. Even if you just need to ask a question or vent about the current situation, give us a call, we’re eager to help out as many people as possible. That number is 916-750-2489.

Read more

6 months ago · by · 0 comments

How Do Car Accidents Affect Shopping for Auto Insurance?

In California, accidents appear on your driving record for 3 years (on aveage).  However, its important to note that a car accident can affect your insurance even after its disappeared off your motor vehicle report.

When you request a quote for your auto insurance, one of the things that underwriters look at is your driving record.  Your driving record is a combination of tickets and accidents. We run the MVR (motor vehicle report) and CLUE report (CLUE tells us any paid claims) because these items are a normal part of the underwriting process.

 

Here is where it can get a bit confusing.  Each insurance carrier has a different “lookback” time period.  Some will only go back three 3 years, others may look as far back as 5 years.  The insurance carrier uses this information to determine whether you qualify for insurance with them, and at what rating tier.  

 

Each carrier can be different with their ratings tiers, but the cleanest driving record get the best rates.  The driving records with more claims and tickets will receive a higher rate. This is because the driver of the vehicle with a not-so-great driving report is more likely to file a claim.

Sometimes when drivers have many marks on their record, they are classified as a “high risk” driver.  If you are classified as a “high risk” driver, you can count on higher premiums. The carrier also reserves the right to refuse coverage entirely.

If you are denied coverage or feel as though the premium is too high, its time to start looking at another carrier.  Its entirely possible that another carrier will not classify you as a “high risk” driver. Because carriers operate on such different criteria, its very beneficial to be working with an independent insurance broker who can easily access many different products at once.

Go ahead and call us to hear what your options are.  916-750-2489.

 

Read more

Take care of your child

Insurances for
your child's future

Curabitur iaculis ante a nibh vulputate sollicitudin.

Company Information

Inspire Insurance Services, LLC
Matthew Labb (Founder, Owner)
License #0N08062

Contact details

Location:
Roseville, CA
E-mail address:
matthew@inspireinsuranceservices.com
Phone number:
916-750-2489

916-750-2489

Available 8:00am - 6:00pm