Insurance Journal: California Wildfire Insurance Policy Notification Bill Signed

Monday, July 9, 2018

Insurance Journal

California Gov. Jerry Brown has signed legislation to requires insurance companies to let homeowners know whether their policies are sufficient to rebuild or replace their homes after a disaster.

Assembly Bill 1799, by Assemblyman Marc Levine, D-Marin County, addresses consumer protection and underinsurance issues uncovered by the devastating 2017 wildfire season.

AB 1799 standardizes what information about policies insurance companies are required to provide to fire victims after a loss.