Urge Commissioner Lara to Act Now
The Insurance Commissioner has a constitutional responsibility to ensure home, auto and commercial insurance rates adequately cover the cost of consumer claims to ensure a healthy insurance market that provides consumers with access and choice in coverage. However, Commissioner Lara is playing politics with our insurance coverage – failing to approve adequate rate filings and implementing policies that are resulting in an unhealthy insurance market for both home and auto.
Learn more about the homeowners coverage crisis.
The commissioner’s actions threaten the solvency of insurance providers. Now, many of the state’s leading insurance providers have been forced to take extraordinary action to address the issue, such as:
The time has come for Commissioner Lara to work with insurers and agents to stop this coverage crisis and ensure Californians get the insurance coverage they need for their most valuable belongings.