A bill introduced into the California Legislature on Tuesday would add protections to some homeowners at risk of nonrenewals.
The “Renew California Bill” would require insurance companies to write or renew policies for existing homes in communities that meet state standards for fire-hardening. The bill would also require insurers to offer financial incentives for homeowners to do the work to make their homes more fire-safe.
AB 2367 was introduced by assembly members Lorena Gonzalez, D-San Diego, Monique Limon, D-Santa Barbara, Insurance Commissioner Ricardo Lara and United Policyholders.
“More Californians are hardening their homes against wildfires but not seeing the results of their hard work when it comes time to obtain or renew insurance,” Lara said.