Nick’s Lending.Placer County
English

For homeowners

Explore Nick’s Lending

10-year TreasuryYield · Oct 29, 20264.980%
Rates as of Oct 29, 2026Dated references, not live quotes. 15-year/FHA/VA modeled; FHA/VA APR is not all-in.
Call

For homeowners / Homeowners insurance

California homeowners insurance

My California home insurer is not renewing. What should I do first?

Mortgage education, not an insurance quote or a coverage determination. Discuss policy terms with a licensed insurance professional and loan requirements with your lender.

Short answer

Read the notice and identify the policy expiration date, the stated reason and the insurer's contact details. Contact your insurance professional promptly and start shopping for replacement coverage. Keep your mortgage servicer informed. Ask the California Department of Insurance about notice requirements or protections that may apply to your address; do not assume a nonrenewal notice ends coverage immediately or that an exception automatically applies.

A woman reviewing household paperwork beside a laptop
A woman reviewing household paperwork beside a laptop. AI-generated illustrative image; not actual clients or a named property.

Illustrative scenario: a notice arrives before renewal

A homeowner opens a letter saying the insurer will not renew the policy at expiration. The homeowner's mortgage payment has been paying insurance through escrow, so they assumed the servicer would find replacement coverage. This is a hypothetical learning example, not a description of a named homeowner.

The homeowner saves the notice, confirms the expiration date with the insurer and asks a licensed agent to start a market search. They send the notice to the servicer and ask how to provide replacement policy evidence and billing instructions. They do not wait for the next mortgage statement to act.

Clarify the notice before choosing a response

Nonrenewal at expiration is different from cancellation during a policy term. Ask the insurer to explain which action it is taking and whether there is information you can provide for reconsideration. Keep the envelope or delivery record and a dated log of conversations. A request for review is not confirmation that coverage has been extended.

The Department of Insurance publishes notice guidance and information about wildfire-related protections. Whether a protection applies depends on the notice, location, timing and current rules. Use the department's resources or consumer assistance rather than relying on a neighbor's situation. This guide does not determine the legality of an individual notice.

Shop without creating a coverage gap

Give the agent accurate property and occupancy information. Compare proposed coverage, exclusions, deductibles and binding conditions, not just the premium. If a regular-market search fails, discuss FAIR Plan and supplemental options. Confirm the new policy's effective date before treating the problem as resolved.

Ask the servicer how the change affects escrow payments and where proof of coverage must go. Servicer-arranged force-placed insurance is not a substitute for shopping for suitable household protection. If you receive a force-placed insurance notice while you already have coverage, promptly provide the requested evidence and ask the servicer to review it.

What to check next

Make a calendar reminder before the current coverage ends. Keep the notice, replacement documents, payment receipt and servicer confirmation in one place. If shopping stalls or the notice is unclear, contact the Department of Insurance. Confirm both the insurer's coverage status and the servicer's records instead of assuming one party has updated the other.

Related insurance questions

Explore California insurance guidance

Keep building your homeowner plan

Primary sources

Official sources may open in English. Check the source for updates and ask the provider about language assistance.

Rate context & assumptions

Dated rate references, not a live quote. Check the rates-as-of date shown with the figures. Review the product-specific assumptions below.

Dated references, not live quotes. 15-year/FHA/VA modeled; FHA/VA APR is not all-in.

30-year fixed

Rate 7.161% · APR 7.232%

* Conventional 30-year fixed-rate purchase loan. $650,000 purchase price. $455,000 loan amount. $195,000 down payment (30%). 70% LTV. 780 representative credit score. Owner-occupied single-family residence in California. 360 monthly payments. 30-day rate-lock period.

Pricing shown at par: 0.000 discount points and $0 lender credit. Estimated principal-and-interest payment is $3,076.48 per month. Payment does not include property taxes, homeowners insurance, HOA dues, assessments, or other property-related charges. The actual total monthly payment will be higher. Mortgage insurance is not included because this example assumes 70% LTV.

The illustrative APR assumes $3,200 in prepaid finance charges and an amount financed of $451,800. Actual APR and closing costs depend on the final loan terms and which charges constitute finance charges under applicable law. Rate, APR, fees, and availability are subject to change until locked. All loans are subject to credit, income, asset, property, appraisal, underwriting, and program requirements.

Example as of October 29, 2026 at 6:35 AM Pacific. This is not an approval, offer, guarantee, or commitment to lend.

15-year fixed

Rate 6.411% · APR 6.523%

15-year fixed temporary estimate as of 2026-10-29: 0.750 percentage points below the 30-year conventional reference. Not independently sourced lender pricing.

Illustrative purchase: $650,000 price, $455,000 loan, $195,000 down (30%), 70% LTV, 780 credit score. Owner-occupied California single-family residence; 180 monthly payments; 30-day lock assumption.

At 0.000 points and $0 lender credit, estimated principal and interest is $3,941.31/month. Taxes, insurance, HOA and other property charges are excluded; total payment will be higher.

Modeled APR uses $3,200 prepaid finance charges and $451,800 amount financed over 180 months. This is an estimate, not an offer or commitment. Actual rates, APR and eligibility require individual review.

FHA · 30-year fixed

Rate 6.991% · Modeled APR 7.061%

FHA 30-year modeled market reference from the morning email dated 2026-10-29. Not a lender quote.

The email applies a shared illustrative APR model. It does not supply a complete program-specific borrower scenario.

Program-specific mortgage insurance and funding fees are not established by this model. This is not an all-in FHA or VA APR quote.

Ask for a personalized rate, APR, payment and program-specific costs before making a borrowing decision.

VA · 30-year fixed

Rate 6.839% · Modeled APR 6.908%

VA 30-year modeled market reference from the morning email dated 2026-10-29. Not a lender quote.

The email applies a shared illustrative APR model. It does not supply a complete program-specific borrower scenario.

Program-specific mortgage insurance and funding fees are not established by this model. This is not an all-in FHA or VA APR quote.

Ask for a personalized rate, APR, payment and program-specific costs before making a borrowing decision.

View source feed

10-year Treasury · Yield · Oct 29, 2026 · 4.980%