California Expands Insurance Protections In Wildfire Areas

  Thursday, December 19th, 2019 Source: InsuranceNewsNet

More than a million California homes are now protected under a new law that temporarily bans insurance companies from dropping customers in areas affected by recent wildfires, officials announced Wednesday.

Insurance Commissioner Ricardo Lara issued a moratorium earlier this month covering about 800,000 homes affected by recent wildfires.

Lara extended those protections this week to more than 200,000 additional homes in burn areas in San Bernardino, Riverside, Ventura, Solana and Contra Costa counties.

The moratorium lasts for a year, and it only covers people who live either inside or next to the perimeter of one of 16 wildfires that burned in California in October.

Thousands of homes have been destroyed in recent years by devastating wildfires across the state. Those claims have cost insurers, who responded by dropping fire insurance policies for many homeowners who live in wildfire-prone areas.

  Read Full Article
SOS Ladder AssistMid-America Catastrophe ServicesSupportive Insurance ServicesChurchill Claims Services

  Recent Provider Listings

Serving Jackson & Cass Counties
Missouri Roofing Contractors
Serving Maryland
Maryland Concrete Contractors Construction Management Fire & Water Damage Restoration
Serving MD, DC & VA Metro
District Of Columbia Maryland Virginia Commercial Large Loss Restoration Contents Restoration Electronics Restoration