Insurance Commissioner Ricardo Lara ordered a mandatory one-year moratorium to prevents homeowners’ insurance cancellations and non-renewals for Pack Fire victims following an emergency declaration.
Lara ordered insurers to preserve residential property insurance coverage for more than 14,800 policyholders affected by the Pack Fire after Gov. Gavin Newsom issued an emergency declaration on December 9.
The commissioner’s order shields those living within the perimeters or adjoining ZIP Codes of the wildfire from insurance from non-renewal or cancellation for one year from the date of the Newsom’s emergency declaration regardless of whether they suffered a loss. Consumers can go to the California Department of Insurance website to see if their ZIP Code is included in the moratorium.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Ranking: Who Are the Insurance Industry’s AI Talent, Maturity Leaders? 
El Niño Likely Strongest in 75 Years, US Forecasters Say 
Remember the Fall of Patriot National? Trial in Suit vs. Mariano’s Lawyers to Begin 
Premiums Will Skyrocket by 2035; Discounts Not Enough for Wind Mit, Studies Say 
