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DEPARTMENT OF REGULATOR IES AGENCIES Division of Insurance 3 CCR 7025 PROPERTY AND CASUALTY Amended Regulation 5117 AVAILABILITY OF FIRE INSURANCE DURING WILDFIRES Section 1, Section 2, Section 3,
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How to fill out mitigation in rating plans
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Review the specific requirements and guidelines for mitigation in the rating plan.
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Identify the areas where mitigation measures are needed based on the risk assessment.
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Determine the most effective mitigation strategies to address the risks identified.
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Clearly outline the mitigation measures in the rating plan document, including timelines and responsible parties.
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Insurance companies and underwriters who want to accurately assess and price risks.
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