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California Moratorium on Cancellations and Non-Renewals Following Thompson Fire

The moratorium will be in effect for one year in certain zip codes.

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California Insurance Commissioner Ricardo Lara published a bulletin announcing a moratorium on cancellations and non-renewals of residential property insurance policies that meet certain criteria following the Thompson fire in Northern California. 

California statutes provide that insurers cannot cancel or non-renew residential property policies within or next to a fire perimeter due solely to the fact that the property is located in an area where a wildfire occurred. The moratorium is in effect for one year after the declaration of a state of emergency.

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