
Michael Idarola
3K posts

Michael Idarola
@theiditarod
Empowering Realtors to Successfully Close Additional Transactions. A Specialist in Purchase Loans and "Outside Of The Box" Financing. Call me at 408-893-2796




San Francisco homeowners are seeing rising insurance premiums are also being asked to pay for expensive mandatory upgrades or lose coverage “Insurance companies tell us there are two big and often expensive improvements. They are demanding roof upgrades and replacing the outdated electrical wiring system known as knob and tube. Because of all these changes, real estate agents are advising home buyers to secure an insurance company before even looking for a home” Other mandatory upgrades include things like gas shutoff valves “Unfortunately, our premiums are also influenced by what happens in other states. It's called shared losses. When those states have events like a hurricane or flooding, insurance companies will try to recover their losses by increasing our rates here in California.”











