Will new regulations do enough to keep homeowners from losing fire insurance?

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Will new regulations do enough to keep homeowners from losing fire insurance?
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Not everyone convinced new rules will prevent homeowners from losing fire insurance.

Homeowners in California who live in a high-risk fire zones could find it easier to get their home policies renewed. That's if new state regulations work as intended. Not everyone is convinced it will work.He's followed the recommendations of the fire department and reduced his brush. He even put in a fire-retardant roof."You know as a consumer I feel betrayed by the insurance industry," said Campos.

It would also require those companies to disclose your fire risk score and allow you to appeal that decision.believes the new regulations will lead to more renewals and lower prices. Insurance companies declined to renew more than 200,000 homeowners in California during a one-year period in the latest figures available from the"The only way to get their confidence back in competing to sell home insurance in California is to reduce the risk," said Bach.

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