Los Angeles Homeowner's Insurance Moratorium

What is a Realtor to do? I listed and sold Burritt quickly and in multiple offers.  To avoid appraisal problems, I met the appraiser and provided comps.  Smooth sailing, you would think, but apparently not:

Received this notice from an insurer:

"Effective immediately, due to the southern California wildfires, a moratorium is in effect until further notice for all new business and for any requests to increase coverage or reduce the policy's deductible in the following zip codes. Please review our website for any updates relative to this moratorium.

91001 •  91011 •  91020 •  91024 •  91040 •  91042 •  91103 •  91104 •  91214 •  91342
91387 •  91390 •  93510 •  93543 •  93544 •  93550 •  93551 •  93552 •  93553 •  93563

Please check the California FAIR Plan web site for updates at
www.cfpnet.com"

 

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