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IMPORTANT INFORMATION REGARDING HOMEOWNERS FIRE INSURANCE IN KENSINGTON

Document on insurance plan for high wildfire risk areas including Kensington.

The press release detailing the plan can be found at:  https://www.insurance.ca.gov/0400-news/0100-press-releases/2024/release023-2024.cfm

The plan will include regulations that are intended to ensure that insurers will provide insurance in high wildfire risk areas. A link to the draft regulations can be found at:  https://www.insurance.ca.gov/0250-insurers/0500-legal-info/0300-workshop-insurers/upload/Catastrophe-Modeling-and-Ratemaking-Insurer-Commitments-to-Increase-Writing-of-Policies-in-High-Risk-Wildfire-Areas-Workshop-Draft-Text-of-Regulation.pdf

The California Department of Insurance will hold a virtual workshop on the draft regulations on June 26, 2024.  The regulations as drafted may not ensure that insurers will write policies in Kensington.  Kensington residents are encouraged to review the draft regulations and consider attending the workshop and provide comments. Written comments can also be provided.  A link to the workshop can be found at:  https

https://www.insurance.ca.gov/0250-insurers/0500-legal-info/0300-workshop-insurers/upload/Invitation-to-Workshop-Regarding-Catastrophe-Modeling-and-Ratemaking-Insurer-Commitments-to-Increase-Writing-of-Policies-in-High-Risk-Wildfire-Areas.pdf