California SB1182 mandates developers to obtain insurance quotes for new developments in high fire hazard severity zones and requires them to meet.
California SB1182 requires developers to make a good faith effort to obtain insurance quotes from at least two private admitted insurance companies for new developments in high fire or very high fire hazard severity zones. If the developer cannot obtain quotes from two insurers, the structures or units in the development must meet the highest level of wildfire building standards. Developers must submit these insurance quotes to the Department of Real Estate and the Department of Insurance and disclose them to potential buyers or renters.
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