WEBINAR - Homeowners Insurance Q&A

In this webinar, some of the questions answered will be:

Homeowners:

• Why is homeowners insurance so expensive for homes nowhere near an area prone to wildfire?
• What is most important in terms of maintenance or upgrades to a home to keep it from being non-renewed?
• How can a new home be purchased when finding a policy is nearly impossible and what can be done to not lose the deposit if no insurance is found?
• Why are many insurance companies suddenly requiring an automatic water shut-off valve before offering to renew a policy?
• Why are new condo owners and renters policies nearly impossible to find?
• When will the homeowners insurance crisis end?

Auto:

• Why is auto insurance so expensive – premiums increased on average 25% last year and 30% this year?
• Why can’t consumers “shop around” for new auto insurance like they could in years past?
• What is the easiest way to save money on auto insurance?
• When will auto insurance premiums decrease?

Umbrella:

• Who needs an umbrella?
• How is the correct umbrella limit determined?
• The umbrella premiums have doubled in price with most insurers, why?
• Will an umbrella policy also be non-renewed if a home policy is non-renewed with the same insurer? If yes, how is a new umbrella purchased?

Have questions? Send them to our Executive Director at info@fpasf.org and we'll address them live.

*This topic has been approved by the CFP Board for 1.0 hour of CE credit.

Speaker: Ramona Johanneson, Area Vice President, Arthur J Gallagher Risk Management and Consulting

Ramona began her insurance career in 1989, and she specializes in personal insurance as a producer, educator and writer. Ramona understands complex coverage situations, and her expertise gives her the ability to assist a wide range of clientele. She currently collaborates with over 75 financial advisors, providing a comprehensive analysis of their clients’ personal insurance. Ramona has taught product and sales courses and has extensive knowledge of policy contracts, underwriting rules and selling skills. She handles the personal insurance for financial guru Suze Orman and served as the writer and expert consultant for the Suze Orman Insurance Kit/Protection Portfolio. Additionally, Ramona contributed as a writer to Suze Orman’s bestselling book, Women and Money.