California business owners coming together to protect their businesses from wildfire risks.
California has adopted a new non-admitted business owners policy (BOP) by SureChoice Underwriters to combat rising wildfire threats. This initiative aims to provide much-needed insurance options for businesses facing fires that have already scorched nearly a million acres this year. With over 400 business classes covered, including various industries, the policy not only helps local businesses but also expands coverage to other states facing similar challenges. This progressive move signifies a dedication to supporting California’s business landscape amid growing environmental risks.
In response to the *growing concerns* about wildfires and dwindling insurance options, California has newly embraced the non-admitted business owners policy (BOP) launched by SureChoice Underwriters, also known as SURE. This marks a significant step forward, as businesses in the golden state face an increasingly tough environment due to the devastating effects of wildfires.
This year has already seen a *surge in wildfire activity*. By 2025, over 6,000 wildfires have scorched about 977,923 acres across California, surpassing the state’s average for the past five years. This alarming trend has left businesses scrambling for reliable insurance coverage in a market that is shrinking rapidly.
SURE’s latest offering is designed around the needs of California’s business landscape. With a focus on providing support where it’s needed most, this BOP program brings a fresh wave of options to an underserved market. It is a part of SURE’s broader strategy to make significant contributions to the California insurance market, and it follows their recent offerings of dwelling fire and surplus lines homeowners coverage.
The new BOP program stands out with its extensive range of more than 400 business classes spread across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors. This approach gives businesses from various sectors a fighting chance against the financial fallout of potential disasters.
With the help of their partnership with SageSure, a prominent managing general underwriter, SURE’s BOP program aims not only to provide coverage but also to empower local producers by helping them expand their book of business. This collaboration signifies a commitment to the long-term health of the insurance market, creating a framework that benefits both policyholders and insurance agents alike.
This new BOP offering is not limited to California; it reaches out to other states, including Texas, Louisiana, Florida, North Carolina, and South Carolina. This geographical diversity allows companies in different regions facing similar challenges to access the same reliable coverage options.
SureChoice Underwriters is a relatively young player in the insurance industry, having been founded in 2021. In just a short span of time, they have already garnered over 300,000 policyholders and written more than $970 million in insurance premiums. They are already making waves with their *strong focus* on coastal property protection, underlining their commitment to customers who have often found themselves at the mercy of unpredictable weather-related events.
SURE has earned an impressive *A, Exceptional* rating from Demotech, Inc., reflecting their solid standing in the industry. Their focus on providing a wide array of coverage options, including homeowners, dwelling fire, flood, and commercial coverage through partnerships with companies like SageSure, is helping them carve out a niche in the insurance landscape.
California’s insurance market isn’t without its challenges. The FAIR Plan, the state’s primary insurance program designed to assist those unable to find standard coverage, is currently under severe strain. With claims climbing into the thousands following recent wildfires, a request for an additional $1 billion in funding has surfaced. This puts more pressure on alternative options like the newly formed BOP from SureChoice Underwriters.
As California continues to grapple with the harsh realities of wildfire risks, the launch of this new BOP presents an *encouraging development* for local businesses and the community. Ensuring reliable coverage is vital for navigating the complexities of modern insurance needs, and it appears that SURE is stepping boldly onto the stage at just the right moment.
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