SB 82

Establishes certain requirements for insurer that cancels or decides not to renew homeowner insurance policy, or that increases premium, for reason materially related to wildfire risk.

Bill Text

• A-Engrossed
• Enrolled
• Introduced
• Senate Amendments to Introduced

Establishes requirements for homeowner insurance cancellations, renewals, and premiums related to wildfire risk mitigation.

Original Bill Text

Overview#

Establishes certain requirements for insurer that cancels or decides not to renew homeowner insurance policy, or that increases premium, for reason materially related to wildfire risk. Requires insurer to make public, and reflect in insurer’s underwriting guidelines and rate plans, certain information related to wildfire risk mitigation actions. Requires insurer to allow insured at least 24 months to repair, rebuild or replace damaged or lost property if damage or loss was directly related to fire that was subject of order under Emergency Conflagration Act. Prohibits insurance company from using statewide] map of wildfire risk published by agency of this state as basis for canceling or declining to renew policy or increasing premium.

Public Testimony

Legislative History