Wildfire Risk Mitigation Insurance Rating Requirement

How it works

This is not a cash grant. Oregon’s insurance rule requires homeowner policies to reflect wildfire-risk mitigation actions in insurers’ underwriting guidelines and rating plans. In plain English, insurers must account for wildfire hardening and community mitigation when they set or evaluate homeowner coverage.

What counts

The official material names several mitigation actions insurers must consider, including defensible space, home hardening, certification as a wildfire prepared home by the Insurance Institute for Business and Home Safety, and community mitigation efforts such as Firewise USA site designation or a similar program established by the State Fire Marshal.

What homeowners may get

The source does not promise a specific discount amount. It requires insurers to consider mitigation actions, which may affect pricing or underwriting, but the actual premium impact is insurer-specific.

Timing and deadlines

The cited wording states the law is effective January 1, 2024.

Important note

The same source also says insurers may not use an Oregon state wildfire-risk map as the basis for canceling or declining to renew a homeowner policy, or for increasing a homeowner premium.