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California Plans to Develop New Rules on Home ‘Hardening’

Commissioner Ricardo says the new standards aim to reduce wildfire risk and make insurance more affordable and available in California.

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To develop a parametric insurance solution — one innovative way to address wildfire risk — a policy is structured with certain events plainly stated in order for coverage to be automatically triggered. (Photo: Phil Pacheco/Bloomberg) The announcement Monday aligned with Lara’s campaign to push insurance companies to resume selling policies and coverages to homeowners in fire-prone communities.  (Photo: Phil Pacheco/Bloomberg)

As wildfire seasons only continue to worsen in recent years, California state regulators announced new rules on home ‘hardening,’ creating incentives for retrofitting older homes to make them more resilient to fires.

This initiative is a joint effort by California’s Department of Insurance, Cal Fire, the Governor’s Office of Emergency Services, the Public Utilities Commission and the Governor’s Office of Planning and Research.

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