In response to Governor Newsom’s emergency declarations on January 7, 2025, a mandatory moratorium has been put in place, halting cancellations and non-renewals of residential property insurance policies due to wildfire risk for one year. This measure aims to protect homeowners in areas severely impacted by wildfires and ensure their continued access to insurance coverage during recovery.
Key Details of the Moratorium:
- Effective Period: The moratorium applies for one year, starting January 7, 2025.
- Scope: No admitted or non-admitted insurer can issue a notice of cancellation or non-renewal for residential property insurance due to wildfire risk during this period.
ZIP Codes Covered by the Moratorium:
The moratorium applies to properties in the following areas affected by major fires:
Palisades Fire:
- 90024, 90025, 90049, 90073, 90077, 90095, 90263, 90265, 90272, 90290, 90402, 90403, 91301, 91302, 91307, 91316, 91320, 91335, 91356, 91361, 91364, 91367, 91403, 91406, 91411, 91436.
Eaton Fire:
- 91001, 91006, 91007, 91008, 91010, 91011, 91016, 91020, 91023, 91024, 91042, 91046, 91101, 91103, 91104, 91105, 91106, 91107, 91108, 91123, 91125, 91126, 91206, 91208, 91214, 91706, 91731, 91732, 91775, 91780, 93563.
Hurst Fire:
- 91040, 91042, 91311, 91321, 91331, 91340, 91342, 91344, 91345, 91350, 91351, 91352, 91355, 91381, 91387, 91390, 93510.
Lidia Fire:
- 91042, 91342, 91390, 93510, 93550, 93551.
Sunset Fire:
- 90046, 90028, 90036, 90038, 90048, 90068, 90069, 90210, 91604.
Woodley Fire:
- 91316, 91325, 91330, 91335, 91343, 91402, 91405, 91406, 91411, 91436.
Policy Reinstatement Requirements
In addition to the moratorium:
- Rescind Notices of Cancellation/Non-Renewal: Insurers must rescind any cancellation or non-renewal notices issued due to wildfire risk after January 7, 2025.
- Reinstatement and Renewal Offers: Insurers must offer to reinstate or renew policies that were in effect at the time of the emergency declaration, provided the properties are located in the ZIP Codes outlined above.
What This Means for Homeowners:
- If your residential property insurance was canceled or not renewed due to wildfire risk after January 7, 2025, you are entitled to request a reinstatement or renewal of your policy.
- This protection ensures that homeowners can maintain coverage during a critical period of recovery and rebuilding.
Take Action:
Homeowners affected by wildfire-related insurance changes should contact their insurance provider immediately to confirm compliance with this moratorium and request reinstatement or renewal of their policies if applicable.
For additional assistance or to learn more about how this moratorium affects your property rights, contact Westside Los Angeles Luxury Real Estate Broker Abdo Pierre Faissal at Nourmand & Associates for more information: 📞 310-620-1038 📧 [email protected].