Homeowners Insurance Loss-Control Program Premium Reduction for Fire Safety

How it works

Beginning January 1, 2025, a homeowners insurer must grant a premium discount to an applicant who provides written verification that the insured property has implemented approved loss-control measures to reduce fire loss or damage. The statute says the program applies to fire peril reduction, including fire caused by wildfire, lava, or both. The Insurance Commissioner must adopt rules for the program and for verifying compliance.

What the money covers

The law specifically names these qualifying measures:

• Removal of flammable material, debris, and vegetation within certain perimeters of the insured property
• Removal of risk of fire caused by lava
• Use of inflammable material in the construction or renovation of the insured property

Amounts and matching

The statute requires a discount but does not state a percentage or dollar amount in the bill text.

How to apply

The homeowner must provide written verification to the insurer showing the property has implemented the loss-control measures. The law says the commissioner will prescribe verification requirements.

Timing and deadlines

• Effective date for the law: upon approval
• Discount requirement begins: 2025-01-01
• Exact discount levels and verification process depend on rules adopted by the Insurance Commissioner