California’s insurance regulator has implemented new rules that now require insurers to assess the wildfire risk of their customers’ properties and provide insurance discounts to those with safer properties.
“Protecting Californians from deadly wildfires means everyone doing their part, including insurance companies by rewarding consumers for being safer from wildfires,” said California Insurance Commissioner Ricardo Lara. “The reality of climate change is driving my determination to help communities better prepare, help our firefighters save lives, and help more Californians find insurance they can afford. My department will work diligently to increase discounts to reward the hard work that California consumers do to protect their families, homes, businesses, and communities.”
