With 39.5 million residents living across an area of about 163,696 square miles, California is located in the Pacific Region of the United States. Considered as one of the country’s wealthiest states, it has been a global trendsetter in entertainment, economics, environmentalism, politics, information technology, and communication. California is known as the birthplace of the American film industry, the Internet, and the personal computer. Its flourishing economy is based on finance, technology, real estate services, government, and scientific and technical business services.
California is bordered by the state of Oregon to its north, Nevada, and Arizona to its east, and by the Mexican state of Baja California to its south. It was nicknamed ‘the Golden State’, as its prosperity rose meteorically after the discovery of gold.
California’s diverse topography ranges from the dazzling beaches of the Pacific coast in the west to gorgeous mountain ranges like the Sierra Nevada along the eastern border. The imposing redwood forests and Douglas fir forests, the oak woodlands and grasslands of Mendocino, and the Trinity Alps Wilderness in the northwest to the Mojave desert in the southeast are examples of its varied and stunning landscapes.
California is home to the rich and the famous, including Hollywood’s stars, Silicon Valley’s head honchos, and Napa Valley’s vintners. Yosemite National Park attracts millions of people each year to revel in the park’s huge waterfalls, massive rock formations, and sprawling forests.
You can find outstanding universities like Stanford, University of Southern California, California Institute of Technology, and the campuses of the University of California at Berkeley and Los Angeles.
San Diego, San Jose, Los Angeles, San Francisco as well as Sacramento, its capital, are some of the large and populous cities of California.
It is said that almost one million millionaires live in this ‘Land of Sunshine and Opportunity’ and California provides plenty of luxurious towns for the rich and famous to live in. Certain sections in the San Francisco Bay area that are considered very upmarket and sought after are Los Altos, Los Altos Hills, and Danville with their beautiful landscapes and multi-million dollar mansions. Woodside and Orinda have sprawling and luxurious homes too. Ocean Park, City center, and Midcity in Santa Monica and University South in Palo Alto are good neighborhoods.
California is susceptible to earthquakes, wildfires, and landslides. As per Verisk’s 2019 Wildfire Risk Analysis, more than 2 million homes in California were identified at high or extreme risk of wildfire. The same report also shares that 8194 wildfires burned 259,148 acres of land in California, in the past.
Besides natural calamities, homes here are also vulnerable to risks like theft, vandalism, plumbing leakage, roof leaks, power outage, etc. Therefore, residents must get their properties and possessions insured by those insurance companies that specialize in tailored solutions. Some of the best insurance companies in California are Farmers Insurance Group, Liberty Mutual, CSAA Insurance Exchange, Allstate Corp., USAA Insurance Group, Auto Club Exchange Group, Mercury General Corp., Nationwide Mutual Group, and Travelers Companies Inc.
As per data provided by the California Department of Insurance, the annual premium amount paid by homeowners in California for 2017 was $1008 on average, while the amount for those who rent homes was $132.
Customized insurance policies cover property damage, liability, medical payments, and additional living expenses coverage. Some companies will even pay to have your home repaired or rebuilt to its original condition-even if the cost exceeds your policy limit. However, in the unfortunate event that you need to claim for damages to your property, you will need assistance in interpreting the policy clauses and figuring out the guidelines applicable to your claims. When the stakes are high, you need the expert guidance of a public adjuster who acts on your behalf to negotiate the maximum amount of settlement from the insurance company.
A California public adjuster certified and licensed by the Department of Insurance is the only person who can be your legal representative during the claims process, apart from attorneys and the broker of record. California Experienced Public Adjusters exist to protect you from insurance companies taking advantage of you.
Reach out to Experienced Public Adjusters in California, today.