Due to damage caused by wildfires, mudslides and other natural disasters, property insurance rates are likely to go up this year.

Tim Gosselin, vice president at Lee & Associates, and Daniel Olson, a broker with Wateridge Insurance Services, recently filmed a video explaining how property insurance rates will be affected by recent natural disasters and what owners should know about this issue.

GlobeSt.com, a sister publication of PropertyCasualty360.com, spoke with Gosselin and Olson about how California property owners should approach their property insurance policy and what to avoid.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.