IF YOU ARE CONSIDERING RELOCATING, IT IS URGENT THAT YOU PLAN CARFULLY PRIOR TO PURCHASING THE REPLACEMENT PROPERTY IF YOU DON’T FULLY UNDERSTAND THE BELOW INFORMATION, CONTACT BOB ELLENBERG
NEW INSURANCE REGULATIONS AFFECT RECENT FIRE VICTIMS—AND IT’S NOT ALL GOOD!
Recent Changes to the California Insurance Code will have a huge mpact on claim settlement. Two major changes extending critical time limits from 24 months to 36 months will greatly benefit many victims of both the Camp Fire and the Woolsey Fire. However, another change will greatly reduce the benefits for many of those who choose to relocate rather than rebuild.
The California Insurance Code Section 2051 previously provided additional benefits...