Central Marin Fire Battalion Chief Todd Lando said many homeowners are doing what they can to remove fuels around their homes. But that doesn't always come cheap.
Gov. Gavin Newsom just signed Assembly Bill 888. It establishes a grant program to help low and middle-income homeowners in high-fire risk areas to pay for the removal of flammable vegetation and install more fire-resistant roofs and materials on homes.
"Rebuilding after a total loss is overwhelming," said Richard Otis, an attorney for a citizens' group called United Policyholders. "People are forced to remember every toothbrush, pan, pair of shoes. It adds needless pain to an already traumatic experience. Survivors need space to heal. They need to be able to move on, not to be buried in paperwork in the past."
"In the process in the legislature, the insurance industry whittled that down," said Carmen Balber, executive director of Consumer Watchdog. "So the bill, as it was signed by the governor last week, is 60% of that personal property coverage will be paid without an itemized list. But it still improves the situation for consumers who are being asked to itemize things in the wake of a fire and retraumatize them."
"But the FAIR Plan was not designed to absorb the number of policyholders at the current rate," said California Assemblymember Lisa Calderon. "This came to a head in February when the FAIR Plan requested financial assistance from its member companies to ensure claims continue to be paid from the Palisades and Eaton Fires. This measure provides the FAIR Plan additional resources to ensure they have adequate claims paying capacity."
Finally, SB 429 will begin the process of creating a state-wide wildfire risk model, generated by public universities, so that future pricing decisions won't rely solely on private, insurance-industry data.
"We want insurance. We need someone to provide it," Lando said. "I think we need to do everything we can to make sure we can all keep it."
Hence then, the article about new california laws aim to stabilize state s wildfire insurance market was published today ( ) and is available on CBS sacramento ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( New California laws aim to stabilize state's wildfire insurance market )
Also on site :