Navigating the Insurance Landscape: Insights and Challenges

Insurance Hour with Karl Susman (Audio Version)

The show discusses auto and home insurance issues in California, focusing on rising premiums and coverage challenges. Karl Susman explains factors causing rate increases, including more expensive repairs, labor shortages, and catastrophic wildfire losses. He outlines proposed state regulations to improve competition and availability.
Key points include:
- Auto repair costs are rising due to sophisticated technology like sensors and cameras in bumpers.
- Labor shortages also drive up garage bills. Insurers pay higher costs.
- Insurers struggle to predict losses amid worsening wildfires.
- Catastrophic claims strain profits.
- Many insurers restrict new policies, forcing people to limited plans.
- Proposed regulations would require insurers to offer policies in high-risk areas, allowing risk-based pricing.
- More competition could lower rates.
-Consumers must inform insurers of changes like teen drivers or home rentals that affect risk. Failure to disclose changes can jeopardize coverage.
-Transparency with insurers is critical.
Overall, California faces availability and affordability issues but proposed reforms could improve competition and stabilize the property insurance market.
Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.
Listeners can now tune in to Insurance Hour on:
KMET AM1490 – Inland Empire – Friday 9-10am

KTRB AM860 – San Francisco – Saturday 7-8am

KION AM1460 — Salinas — Saturday 12-1pm

KEIB AM1150 – Los Angeles – Saturday 12-1pm

KCBQ AM1170 – San Diego – Saturday 1-2pm

KFBK AM1530 – Sacramento – Sunday 5-6pm

KZSB AM1290 - Santa Barbara - Wednesday 9:52am

KCAA AM1050 – Riverside – Thursday 7-8am

In addition to traditional radio, Insurance Hour has embraced the digital age.
The program is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.
Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.
For more information about "Insurance Hour" and its programming, please contact Lara Starr at [e-mail]