Einhorn Insurance Announces Extended Insurance Grace Periods on Homeowners Insurance and Other Policies in California

Einhorn Insurance is an insurance company that specializes in assisting Californians with insurance needs. Offering a wide variety of insurance policies with a specialty in high brush home insurance and wildfire area home insurance, Einhorn Insurance has been able to help an increasing number of property owners prepare for uncertainties and the financial burdens that come with it. Focused on customer satisfaction and experience, Einhorn Insurance is proud to announce the extension of the grace period on homeowners’ insurance and other policies provided to clients.

The latest announcement from the insurance provider comes on the back of the spread of the global pandemic caused by the novel coronavirus (COVID-19) that has caused the United States government to take biosecurity steps, such as the shutting down of businesses and enforcing social distancing. With the crippling effect of these measures on the economy, Einhorn Insurance is offering an extended premium payment grace period to policyholders to better cushion the effect of these unprecedented times on their finances.

Recommended AI News: Cyber insurance-as-a-Service Provider Coalition Extends Product Offerings in North America

Putting in place measures to ease the financial strain caused by the global pandemic on policyholders, the spokesperson for Einhorn Insurance, Dori Einhorn, at the announcement of the extended insurance grace periods said, “Einhorn Insurance is working with existing and new customers to make sure that they know their options and can maintain their existing insurance, or acquire new insurance during this difficult time. We understand policy holders may not be able to make payments on time and most carriers are offering grace periods.  Additionally, if you’re paying for an endorsement that provides home-sharing coverage because you often rent your home as a vacation rental, but are no longer able to due to the pandemic, consider pausing or removing that coverage. Einhorn Insurance is helping customers navigate these emerging issues to make sure that they have the best coverage at the best rate.”

With the “stay in place” lockdown, most people are forced to stay at home; therefore,  people are driving much less as they are only driving to locations with essential needs.  This directly results in less time on the road and less opportunity for accidents.  As a result, most auto insurance carriers are implementing a 15-25% refund for a month or two on auto policies.  This refund may extend as the lockdown continues. As an insured, you don’t need to do anything; the refund is automatically applied.

Recommended AI News: Finxact Announces General Availability of its Core-as-a-Service on Microsoft Azure

While taking steps to mitigate the effect of the pandemic on new and existing policy holder’s finances, Einhorn Insurance is also open to helping policyholders to plan better for unforeseen circumstances, especially as they observe social distancing rules which necessitates that they remain at home until the directive is lifted.

Property owners can choose Einhorn fire insurance policies from the insurance provider as part of their insurance coverage to protect them, their family, and property from fires that may arise due to a wide range of reasons. In addition, Einhorn Insurance offers a broader array of insurance products for clients to choose from including life insurance, SHA home insurance, business insurance, insurance for escrow closings, vacant condo insurance, vacant home insurance, second home insurance, landlord insurance, renters insurance and more.

Recommended AI News: Riot Blockchain Reports First Quarter 2020 Financial Results, Recent Legal, Operational & Financial Highlights