California’s Insurance Crisis
Rising Insurance Costs for CA Community Associations
Has your community association been hit by massive and un-budgeted insurance increases? You are not alone! The CAI-CLAC Insurance Task Force continues to meet with the Insurance Commissioner Ricardo Lara and the California Department of Insurance (CDI) on issues impacting common interest developments (CIDs).
So many of us in California are experiencing increased costs of insurance. This crisis is only going to get worse, and we are getting the question, “What can I do? How do we fix this? Who do I contact?” from those who want to take action to make this better for everyone.
Here are three ways for you to get involved.