For those impacted by evacuations, it can be an inconvenience at an unexpected time.
“Mandatory evacuations are covered, voluntary evacuations typically are not covered,”
Mark Friedlander said.
Friedlander is with the Insurance Information Institute. He says insurance coverage could help during government-issued mandatory evacuations.
“They most likely would be entitled to loss of use funds, because they are being mandated to vacate their properties for an unknown period, that would be covered under a loss of use provision in your condo owners insurance policy,” Friedlander said.
You want to look for what’s known as “loss of use/additional living expense coverage.” It can be a component of a homeowner s, condo, or renter’s insurance policy.
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Wildfires have ravaged the American West in the recent past. Of the 10 costliest wildfires on record, only two occurred prior to 2017, according to the Insurance Information Institute. And this year is shaping up to be more of the same. When considering total acres burned, 2020 was very close to being the most destructive wildfire year on record; as of the start of summer, 2021 is on pace to exceed last year’s numbers. The defining wildfire event of 2020 the August Complex Fire was started by a series of Northern California lightning strikes, and quickly became the largest wildfire event in the state’s history. While California gets much of the attention for wildfires, several other states have been severely impacted as well. Behind California’s 4.1 million acres burned in 2020 were 1.1 million acres in Oregon, almost 1 million acres in Arizona, and 842,000 acres in Washington. Nationwide, the number of acres burned each year over the past 15 years is up considerably compared t