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Home World USA

Insurance commissioner: Wildfire victims should be paid without itemizing

8 February 2025
in USA
0
Insurance commissioner: Wildfire victims should be paid without itemizing
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California’s insurance commissioner has asked insurers to make maximum payments for contents of homes destroyed in recent fires without requiring a complete inventory from policyholders by Feb. 28. Commissioner Ricardo Lara stated that survivors should not have to list every item to receive full replacement cost, emphasizing the need to prioritize rebuilding. Some homeowners have already received payments, while others struggle to fulfill inventory requirements, leading to delays in recovery efforts.

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Tags: CommissionerInsuranceitemizingpaidvictimswildfire
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