California Commissioner Mandates Moratorium on Non-Renewals Bulletin

California Commissioner Mandates Moratorium on Non-Renewals

 

Under California law, an insurer may not cancel or non-renew a residential property insurance policy for a property located in any ZIP Code within or adjacent to the fire perimeter for one year after the declaration of a state of emergency, based solely on the fact that the insured structure is located in an area in which a wildfire has occurred. As a result of the recent wildfires, Commissioner Lara has issued a bulletin listing the ZIP codes impacted.

 

Link to Bulletin