Some rules have been waived to encourage the swift replacement of burned-out homes. Fire experts say it’s critical that new homes be resilient to future risk.
I don’t know the specifics here, but when there was a wildfire in my area they did something very similar. It wasn’t just the lead time on materials, it’s that most insurance only pays to rebuild what you had. You have to have additional coverage for upgrades, I think it’s called local ordinance or law coverage, that pays the difference between the value of your house as it was, and the cost of building a new house to current code. Turns out most people don’t have enough of that extra coverage to actually meet the expense.
So they made an exception and let everyone build back to the standard they had. Afterwards they changed the minimum for that local ordinance coverage state-wide, and premiums have like tripled since.
I don’t know the specifics here, but when there was a wildfire in my area they did something very similar. It wasn’t just the lead time on materials, it’s that most insurance only pays to rebuild what you had. You have to have additional coverage for upgrades, I think it’s called local ordinance or law coverage, that pays the difference between the value of your house as it was, and the cost of building a new house to current code. Turns out most people don’t have enough of that extra coverage to actually meet the expense.
So they made an exception and let everyone build back to the standard they had. Afterwards they changed the minimum for that local ordinance coverage state-wide, and premiums have like tripled since.