CAMARILLO, Calif. (KABC) — Eyewitness News is committed to getting you the information you need to prepare for disasters like the devastating wildfire in Ventura County.
ABC7 has reported on insurance companies canceling policies in wildfire-prone areas in Southern California, so what’s the state doing about it now? Here’s what you need to know.
Gov. Gavin Newsom has proclaimed a state of emergency in Ventura County, so this allows the Insurance Commissioner to impose a moratorium on cancellations in those areas.
“The purpose there is to just give consumers and homeowners some breathing room to recover and to make sure that they have that peace of mind that their insurance policies are still there,” explained Gabriel Sanchez with the California Department of Insurance.
However, that would not apply to anyone trying to get new insurance in these areas. Companies have already stopped issuing new policies.
“At this point, we’re getting moratoriums. Obviously, insurance carriers are closing those zip …