Wildfire Resource Spotlight: Insurance Updates

The Calif. Dept. of Insurance announced it is issuing a mandatory one-year moratorium on insurance non-renewals and cancellations for homeowners impacted by the Southern California wildfires. Those within the perimeters or adjoining ZIP Codes of the Palisades and Eaton fires in Los Angeles County will be shielded for one year by the Governor’s January 7 emergency declaration regardless of whether they suffered a loss.

Find support and resources for wildfire recovery here:

See if your ZIP Code is included in the moratorium

January 14 C.A.R. Legal Live Webinar on insurance coverage, price gouging, and more

January 18 and 19 insurance workshop from the Calif. Dept. of Insurance

Info on working with your mortgage company from United Policyholders

Insurance company contact info and claim assistance from the Calif. Dept. of Insurance

C.A.R.’s Wildfire/Disaster Resource page on Smart Zone

C.A.R President Heather Ozur spoke on the current insurance landscape in wake of these fires:

"As Los Angeles reels from the devastating fires that have resulted in the loss of homes, businesses, schools, and neighborhoods, we are encouraged by the proactive measures taken by policymakers to tackle the homeowners insurance crisis.

The CALIFORNIA ASSOCIATION OF REALTORS^® (C.A.R.) has actively worked with state leaders since the beginning of the insurance crisis and is supporting Assembly Bill 226, authored by Assembly Insurance Committee Chair Lisa Calderon and Assembly member David Alvarez and unveiled by Speaker Robert Rivas. The bill aims to alleviate uncertainty for FAIR Plan policyholders. C.A.R. also supports Insurance Commissioner Ricardo Lara’s moratorium on homeowner insurance policy cancellations.”