Immediate risk refers to the potential for a loss to occur in the very near future. In the world of insurance, immediate risk is an important concept, as it helps insurers to assess the likelihood of a claim being made and to determine the appropriate coverage and premiums for policyholders.

For Californians in 2023, there are several immediate risks that may be of concern. One of the most significant risks is the possibility of natural disasters, such as earthquakes, wildfires, and storms. California is prone to these types of events, and they can cause significant damage to homes, businesses, and other properties.

Another immediate risk for Californians is the threat of personal accidents and injuries. Whether it is a car accident, a slip and fall, or another type of incident, accidents can happen at any time, and they can result in significant medical expenses and other financial losses.

To protect themselves against these and other immediate risks, it is important for Californians to have appropriate insurance coverage. This may include homeowners insurance, auto insurance, and personal liability insurance, as well as coverage for other specific types of risks. By having the right insurance in place, individuals and businesses can protect themselves against financial losses and have the resources they need to recover from unexpected events.

So to put a bow on it, immediate risk is a key consideration for insurers and policyholders alike. For Californians, it is important to be aware of the potential risks that may affect them and to have the appropriate insurance coverage in place to protect against those risks.