Skip to Content

Battle intensifies over California fire insurance policies

MGN

Insurpance prices may increase

SACRAMENTO, Calif. (AP) — A California insurance pool is appealing a judge's order that it offers homeowners more options for coverage.

Private insurance companies sometimes won't sell policies to people who live in wildfire-prone areas.

The California Fair Access to Insurance Requirements Plan sells fire insurance to these people. But homeowners must buy a second policy to cover other potential losses.

Earlier this year, a judge ordered the FAIR Plan to sell more than just fire insurance.

The FAIR Plan appealed that order Thursday, saying it would increase the price for consumers.

Insurance Commissioner Ricardo Lara accused the insurance industry of prioritizing profits over the needs of consumers.

Article Topic Follows: Fires

Jump to comments ↓

The Associated Press

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content