Home Home Insurance California Insurance coverage Commissioner Orders Moratorium on Cancellations, Non-Renewals Following Wildfires

California Insurance coverage Commissioner Orders Moratorium on Cancellations, Non-Renewals Following Wildfires

0
California Insurance coverage Commissioner Orders Moratorium on Cancellations, Non-Renewals Following Wildfires

[ad_1]

California Insurance coverage Commissioner Ricardo Lara has ordered insurers to protect residential insurance coverage protection for 8,500 affected properties following Gov. Gavin Newsom’s emergency declaration as wildfires in Siskiyou County proceed to threaten owners.

The commissioner’s order shields these properties throughout the perimeter or in adjoining ZIP codes of the McKinney Fireplace and China 2 Fireplace from insurance coverage non-renewal or cancellation for one 12 months from the date of the Newsom’s July 30 declaration no matter whether or not they suffered a loss.

“Siskiyou County residents have endured wildfire emergencies over the previous three years and defending their insurance coverage is important to restoration,” Lara mentioned in a press release. “I’ll each proceed to implement this regulation to guard customers and proceed working to create long-term options to make our communities safer from wildfires.”

The order consists of 16 ZIP codes impacting an estimated 8,500 residential policyholders. Practically 50% of Siskiyou County is affected by the order. ZIP codes in Del Norte and Humboldt counties are additionally included.

Associated:

Subjects
California
Disaster
Pure Disasters
Wildfire

Was this text priceless?


Listed below are extra articles chances are you’ll take pleasure in.

Desirous about Disaster?

Get computerized alerts for this subject.

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here