California Insurance commissioner calls for ease of inventory requirement for 2018 wildfire survivors

(Sacramento, CA – Insurance News 360) – On Oct. 4, California Insurance Commissioner Dave Jones issued a plea to insurers to volunatily provide up to 100 percent of contents coverage for 2018 wildfire survivors, without requiring a detailed home inventory.

Insurance commissioner calls on industry to ease inventory requirement for  2018 wildfire survivors

Jones asked that all insurers to follow the lead of those providing 75-100 percent of personal property coverage limits without requiring wildfire survivors to submit a detailed inventory.

Issued on October 3, the notice acknowledges and applauds the insurers who are going above and beyond Voluntary Expedited claims handling proceudres, and who have made attemtps to accommodate survivors by offering up to 100 percent contents limit payment without that inventory, in some cases.

“The Carr and Mendocino Complex fires rank among the most destructive wildfires in California’s history,” said Insurance Commissioner Dave Jones. “Entire communities were decimated with residents suffering staggering losses of not only property, but tragically loss of life and injuries. I’m asking property insurers to ease the burden on traumatized survivors by voluntarily providing at least 75 percent of contents coverage without the onerous requirement of a detailed home inventory, so survivors may get on with patching their lives back together.”

Source: California Department of Insurance.

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