Homeowners insurance carriers in California and other westernstates have launched a public awareness campaign designed toencourage homeowners to conduct policy reviews to ensure that theirpolicies provide adequate policy limits in the event houses aredestroyed in what is stacking up to be a long and busy 2015wildfire season.

About 59% of the Golden State’s homeowners hold policies withinadequate limits due to kitchen or bathroom upgrades or dwellingadditions, and the Property Casualty Insurers Association ofAmerica (PCI) aims to cut that percentage. The association unveileda list of physical and financial preparation tips during itsWildfire Community Preparedness Day on May 2 and showcased theevent as a way to kick off public awareness of the upcoming 2015wildfire season in California and other at-risk states likeArizona, Nevada, Oregon and Colorado.

“Holding and participating in fire safety drills is the firststep,” said Christopher Hackett, PCI director of personal linespolicy. “Physical preparation, such as clearing defensible spacearound your home, and financial preparation, such as maintainingadequate homeowners insurance are critically important aswell.”

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.