Two North Bay Congressmen and other local leaders are highlighting the need for a new insurance bill making its way through Washington. Congressmen Mike Thompson and Jared Huffman, along with other local leaders, held a press conference yesterday to highlight the need for passing the Disaster Resiliency and Coverage Act. Among other things, the bill would provide a program through state governments that offers $10,000 in grants for home hardening improvements. Congressman Thompson introduced the legislation last month with fellow Congressman Doug LaMalfa.
Meanwhile, some Californians are about to pay a lot more to protect their homes. Rates are going up for those on the FAIR Plan, also known as the state’s “insurer of last resort.” Many in high risk areas for wildfires are covered by this after being dropped by major insurance companies. It means they’re likely already shelling out thousands extra because of the switch and now the FAIR Plan president says to expect a substantial increase.
