Today, Senate Minority Leader Brian W. Jones announced his legislation to protect mobile homeowners in case of disaster – Senate Bill 525 – was signed into law.
The new law, a product of years of negotiations on the part of Jones, will afford manufactured and mobile homeowners the ability to acquire full replacement cost insurance policies.
“Today is a great day to be a mobile homeowner,” said Jones. “For too long they’ve been treated like second class citizens when it comes to protecting their property.”
Currently, finding full replacement cost insurance coverage for mobile or manufactured homes in California is next to impossible. For standard foundation homes, those who cannot find a private insurance policy are able to avail themselves of California’s insurer of last resort, the California FAIR Plan Association. However, for mobile homeowners, even the FAIR plan will not insure them. Today’s bill signing will finally change that fact…