If a fire breaks out and you are buying or selling your home, it could delay your transaction. Insurance carriers will declare a halt or moratorium on issuing or changing any policies in the area of the fire until it is out. Different carriers handle this differently, but most of them go by zip code and the location of the fire. I have had some carriers declare a moratorium in a zip code and others have been ok with that zip code. It pays to check around.
Also, carriers do this when a large fire has occurred and is not put out with in a day or if it grows quickly. If there is a brush fire in your area and it is under control quickly and put out, carriers in general will not put a halt to policy writing activities.
Would you like to pay for a house today, put all your stuff in it and have it burnt to the ground tomorrow morning? Neither would your insurance carrier. That is why they put these moratoriums in place.
If you are in a wild fire area and forced to evacuate, your homeowners insurance can provide reimbursement for expenses while you are away. Hotel rooms, food, and some other expenses may be covered even though your house did not burn. Check your policy for additional living expenses coverage or call your carrier.
Are you ready for fire season? Get a grab and go kit ready, dust off the one you have and update it.
Check out this great video from CALFIRE by clicking here