In this episode of the Jones Zone, host Darryl Jones brings in Rhonda Shader, a State Farm insurance agent and a current city council member in Placentia, to discuss the recent difficulties faced by homeowners in securing insurance in California. Rhonda emphasizes the role of the current insurance commissioner's ineffective decision-making in exacerbating the crisis. She explains how wildfires and lack of foresight have made it challenging for insurance companies. She discusses the negative impact this situation has on homeowners, the real estate market, and the insurance industry. Rhonda also talks about what homeowners can do to increase their likelihood of getting insurance and how forest management can help mitigate the problem.

Episode Highlights:

• Insurance Market Crisis: Explore the challenges of securing homeowner insurance in California and the substantial rate increases.
• Role of the Insurance Commissioner: Understand the vital role of the insurance commissioner in regulating the market.
• Impact of Wildfires: Learn how recent wildfires have strained insurance companies and their ability to provide coverage.
• Company Exits: Discover why major insurers like State Farm are leaving the California market, affecting homeowners and the real estate industry.
• Legislative Solutions: Stay updated on ongoing efforts by lawmakers and the governor to address the insurance market crisis.

Key Questions Asked:

1. What is going on in California with insurance companies and obtaining homeowner insurance?
2. Why has it become more difficult to obtain homeowner insurance in California?
3. What is the role of the insurance commissioner in California and how have they been handling the situation?
4. How are insurance companies affected by the wildfires in California and the actions of the insurance commissioner?
5. What can homeowners do to reduce the likelihood of being able to get homeowner's insurance and mitigate risks?

Guest Information:

Rhonda Shader - State Farm Insurance Agent

Website: rhondashader.com

Phone: (714) 329-8931

Email: rhonda@rhondashader.com

The information discussed in this episode of the Jones Zone is intended for general informational purposes only. The views and opinions expressed by the guests and hosts are their own and do not necessarily reflect those of State Farm or any other entity. Listeners are encouraged to consult with a qualified insurance professional or financial advisor for personalized advice regarding their specific situation.

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663