Capital Insurance coverage Group introduced it should write extra owners’ insurance policies written in Paradise, California, serving to residents impacted by the 2018 Camp Fireplace.
CIG partnered with the Rebuild Paradise Basis, which has helped information residents by way of the rebuilding course of, providing sources, training and advocacy.
The transfer is aimed toward serving to owners cut back reliance on the California FAIR Plan and return owners to the usual insurance coverage market.
This dedication will largely be achieved by supporting these owners who put money into wildfire resilience, together with the Insurance coverage Institute for Enterprise & Dwelling Security’s Wildfire Ready Dwelling designation program. Houses in Paradise assembly the requirements set by IBHS are eligible for protection beneath CIG’s program.
CIG, a regional property/casualty insurer within the Western U.S., is underwritten by its affiliate corporations: California Capital Insurance coverage Co., Eagle West Insurance coverage Co., Nevada Capital Insurance coverage Co. and Monterey Insurance coverage Co.
Was this text beneficial?
Listed below are extra articles chances are you’ll take pleasure in.
Crucial insurance coverage information,in your inbox each enterprise day.
Get the insurance coverage trade’s trusted publication