Palomar Holdings, Inc.

Palomar and SDFC in the Community Since our founding in 2014, Palomar has proudly called San Diego home. The city’s unique spirit and vibrant neighborhoods have been instrumental in shaping our journey, and we believe in the importance of creating shared value by building strong, lasting ties that uplift and strengthen our community. In early […] The post Palomar Partners with San Diego Football Club During Sustainability Month appeared first on Palomar.

At Palomar, we are fortunate to work next door to La Jolla Cove, a unique and beautiful beach situated along the California coast. This setting reminds us daily of the importance of preserving the natural beauty that surrounds us. As our insurance offerings include providing coverage against the risk of natural disasters, we are acutely […] The post Palomar Partners with Surfrider Foundation on Coastal Clean-Up Initiatives appeared first on Palomar.

Our Environmental, Social, and Governance (ESG) goals underscore Palomar’s commitment to strengthening our organization and the American communities we serve. In 2022, we launched an initiative to measure and improve the diversity of our suppliers because building a broader pipeline leads to better products and services for our customers. To advance our 2023 ESG goal […] The post 7 Essential Resources for Emerging Insurance Leaders appeared first on Palomar.

[…] Earthquakes: Source: PLMR.com […]

As climate change exacerbates extreme weather, property owners across the country are more vulnerable than ever to disasters and the financial devastation that typically follows. Hurricanes and coastal flooding typically capture the most attention, but destructive flooding is happening far from coastlines. Rising annual precipitation across the nation has exposed the hidden risk of inland […] The post The Hidden Risk of Inland Flooding appeared first on Palomar.

In today’s current circumstances, many insured homeowners across the country are at risk of being underinsured. According to a survey conducted by Harris Poll and the American Property Casualty Insurance Association (APCIA), a majority of homeowners have not taken important steps to ensure their insurance coverage is keeping pace with home renovations, rising inflation, and […] The post Prevent Underinsurance: Key Habits to Mitigate the Risk of Being Underinsured appeared first on Palomar.

Earthquakes are a matter of when, not if, on the US West Coast Earthquakes can strike suddenly and with a devastating force, potentially causing widespread damage. The US West Coast, which includes California, Oregon, and Washington, is located along the Pacific Ring of Fire, a region known for its high seismic activity. This is due […] The post Understanding Seismic Risk on the US West Coast appeared first on Palomar.

Although flooding can happen at any time, communities across the U.S. face an increased risk of flooding each spring. The spring season brings warmer weather and longer days, but it also brings a variety of conditions that increase the likelihood of heavy rain and flood damage. Spring Flood Risks Spring Showers: Spring storms can bring […] The post Understanding Spring Flood Risks appeared first on Palomar.

Why Earthquake Insurance Matters   Earthquakes Can Happen Anywhere Earthquakes are a matter of when, not if. They can happen almost anywhere at any time. A minor quake might damage furnishings and personal belongings, but a big quake could cause catastrophic damage to a home’s structure. Purchasing earthquake insurance means having financial resiliency and peace […] The post Why Earthquake Insurance Matters appeared first on Palomar.

Despite the rising risks of flood events and flood damage, only about 4% of homeowners nationwide have flood insurance. According to a research associate at NC State’s Center for Geospatial Analytics, this is a problem that can be largely attributed to flood maps created by the Federal Emergency Management Agency (FEMA). The FEMA flood maps show […] The post Misleading Flood Maps Can Block Insurance Uptake appeared first on Palomar.