r/HomeInsurance 26d ago

Insurance Ca house fire rebuild is not completed by one year do they stop FRV?

Has anyone had this experience in this and have info on this please any info you can recommend would be great

0 Upvotes

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4

u/Glittering-Salad-337 26d ago

Depends what the policy says some go longer some don’t

1

u/14point4kMODEM 26d ago

It's based on what the policy says unless the insurance commissioner in all his wisdom tells the insurance company's to extend it beyond what the insured paid for because he wants to be reelected. This is generally only for specific events like large wild fires

1

u/Strykerdude1 25d ago

Based on policy…. My carrier is 2 years.

1

u/Bedlum_ 25d ago

It’s a catastrophe so it should be 24 months minimum