In the wake of the Los Angeles County wildfires, California insurance companies have been urged to waive requirements that policyholders in the burn zones list 100 percent of their personal property on claims.
The call for “swift action” came from state Insurance Commissioner Ricard Lara on Feb. 6, a month after the devastating blazes.
“It is inhumane to require wildfire survivors who have lost everything to list every item of personal property in order to receive the full replacement cost under their policies—they need to focus on the larger task of rebuilding their lives,” Lara wrote in a statement Thursday.
The insurance department acknowledged that some insurers have gone beyond legal requirements to support policyholders by providing from 75 percent to 100 percent of content coverage without requiring them to list all property….