Struggling with rising premiums or sudden non-renewals? You’re not alone. The California insurance market is shifting rapidly, with stricter underwriting guidelines, fewer carriers writing policies, and higher rates across nearly every line of coverage.
At Huggins Dreckman Insurance, we believe in helping our clients stay protected, and save money, no matter how turbulent the market gets. Whether you own a single-family home, an apartment complex, or a rental property, these strategies can help you hold on to your coverage and reduce your premiums.
Why Is Insurance So Expensive in California Right Now?
From catastrophic wildfires to outdated infrastructure, California poses unique challenges for insurance carriers. Many have pulled out of the state or become extremely selective, especially for older properties.
But the good news? You can still tip the odds in your favor – if you know what insurers are looking for.
9 Ways to Lower Insurance Costs and Avoid Non-Renewals
1. Upgrade Critical Systems
Carriers are prioritizing properties with modern plumbing, rewired electrical, new HVAC units, and updated breaker panels.
Tip: If your property is over 25 years old and hasn’t been updated, it may be time to invest, or risk losing your policy.
2. Replace Older Roofs
Roofs over 25 years old are often uninsurable, especially if they’re made of asphalt shingles. Installing a newer, impact-resistant roof can lower your risk and possibly your rate.
3. Install Safety & Smart Home Devices
Devices that prevent damage before it happens can earn you discounts and help maintain coverage:
· Monitored burglar/fire alarms
· Water shut-off valves
· Seismic gas shut-off valves
· Low-temperature sensors for vacant units
4. Increase Your Deductible
One of the fastest ways to cut costs is to raise your deductible. Higher deductibles shift small risks off the insurer, which reduces your premium.
5. Conduct Regular Property Inspections (Landlords & Property Owners)
Insurance companies reward proactive maintenance. Inspect units for:
· Water leaks
· Unapproved tenants
· Damage or wear-and-tear
· Grills or BBQs on balconies (a huge red flag)
· Trash or debris buildup Pro tip: Grills should be kept at least 5 feet from all structures.
6. Require Renters Insurance
Tenants should carry at least $500,000 in liability coverage—and you’ll want to ensure their policies don’t exclude dog breeds or animal-related incidents.
7. Use Professional Property Management
Wrongful eviction lawsuits are on the rise, and many policies no longer cover them. A professional manager helps reduce legal risk and keeps your property in top shape.
· A good property manager can increase your profit, not just reduce your liability.
8. Document Every Update
Keep receipts, before/after photos, and inspection records. You’ll need these for renewals, shopping for new coverage, or defending against a cancellation.
9. Stay in Contact with Your Insurance Agent
Seems obvious, but it matters: Keep your contact info up to date and respond quickly to underwriting requests or inspection notices.
Final Thoughts: The Best Way to Save on Insurance?
Keep your property in excellent condition and your agent in the loop. At Huggins Dreckman Insurance, we specialize in navigating California’s complex insurance market. If your carrier is threatening to non-renew, or your premiums feel unmanageable, don’t wait until it’s too late.
Let’s review your policy, discuss upgrades, and make a game plan to protect your home or rental the right way.
📞 Call us today or click below to schedule a personalized policy review.
📍Serving California homeowners and real estate investors for 30+ years
