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Admitted vs. Non-Admitted Insurance Carriers: What’s the Difference?
When buying insurance,especially for business or specialized risks, you may come across the terms “admitted” and “non-admitted”...
George Park
5 days ago2 min read
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What Is an AM Best Rating and Why It Matters in Insurance
At George Park Insurance Agency , we provide access to a wide range of surplus lines markets , giving you more flexibility to find...
George Park
5 days ago3 min read
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California Wildfires Intensify Insurance Crisis
When the Smoke Clears: How Wildfires Are Changing Insurance and Homeownership in California
George Park
Jan 92 min read
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The Evolving Property and Casualty Insurance Landscape in California: A 2024 Retrospective
As 2024 concludes, the property and casualty (P&C) insurance market in California has undergone significant changes, reflecting the...
George Park
Dec 27, 20244 min read
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Double Insurance Coverage: What It Means and How to Avoid It
Insurance protects us from unexpected losses, but what happens if you end up with two policies covering the same thing? While it’s...
George Park
Dec 26, 20242 min read
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Safeguarding Your Property: The Power of Risk Mitigation in Insurance
Encouraging Risk Mitigation for Property Insurance Coverages Property insurance is an indispensable safety net that shields homeowners,...
George Park
Dec 23, 20243 min read
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Understanding California's unique property insurance risks
California's property insurance landscape is uniquely shaped by its geographical, environmental, and regulatory factors. With a...
George Park
Dec 20, 20243 min read
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Avoiding Lapse in Coverage: How the CA FAIR Plan Protects Your Property Insurance Future
Getting declined by multiple insurance providers for your home or commercial property can feel like hitting a dead end. However, one...
George Park
Dec 19, 20242 min read
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Is Your Electrical Wiring Putting Your Home at Risk? Why Insurance Companies Might Cancel Your Policy
In California, ensuring your home’s safety goes beyond just smoke detectors and sturdy locks—it also depends on the condition of your...
George Park
Dec 17, 20244 min read
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What Does It Mean If an Insurance Policy Is Canceled or Lapsed? A California Perspective
Insurance policies are critical for financial security, protecting you from unexpected losses. However, the terms "cancellation" and...
George Park
Dec 12, 20244 min read
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Why Can't You Claim Your Insurance Right Away? The Truth About Waiting Periods
When you purchase insurance, you might expect immediate protection. But then you discover there’s something called a waiting period —a...
George Park
Dec 11, 20242 min read
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Auto Insurance: Coverage Options, Terminology, and California's Current Landscape
Understanding auto insurance coverage and terminology is essential for California drivers to ensure adequate protection and compliance...
George Park
Dec 6, 20243 min read
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Understanding insurance jargon: a consumer's guide
Navigating the world of insurance can be a daunting task, especially when complex jargon and industry-specific terms dominate the...
George Park
Dec 4, 20244 min read
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Coinsurance Penalty in Insurance - What is it?
Insurance policies often include specific terms and conditions that policyholders must understand to avoid unexpected costs. One such...
George Park
Nov 22, 20243 min read
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How to Keep Your Property Insurance Premiums Low: Tips on Maintenance, Safety, and Minimizing Losses
Property insurance provides financial protection for your physical assets against risks like theft, fire, storms, and other unforeseen...
George Park
Nov 19, 20243 min read
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Business Income Coverage: What It Is and How It Works in California
Business income coverage, also known as business interruption insurance, is a critical financial safeguard for companies that face...
George Park
Nov 19, 20244 min read
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Protecting Your Business: Essential Insurance Policies Every Entrepreneur Needs
Entrepreneurs in California face a dynamic business environment filled with opportunities and challenges. To safeguard against unforeseen...
George Park
Nov 19, 20244 min read
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Why You Need to Give Your Insurance Agent Complete Information
When you apply for insurance, whether for yourself, your property, or your business, it's important to give your insurance agent complete...
George Park
Sep 23, 20246 min read
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CA FAIR Plan and Wrap Policy for Homeowners: What You Need to Know
California’s growing wildfire risks and other natural hazards have made it increasingly difficult for homeowners to secure standard home...
George Park
Sep 23, 20245 min read
4 views


Understanding the Difference Between RC and ACV
Find out the different between RC (Replacement Cost) and ACV (Actual Cash Value) in from your insurance policy
George Park
Sep 23, 20244 min read
10 views
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