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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