My home in California burned down recently in one of the Los Angeles fires. To my surprise, my insurance company automatically sent me, among other things, 50% of the base policy limit for 'personal property'. It's strange because the guy from the Insurance company that is supervising my claim had told me that by law, they have to give me 30% of the base policy limit for Personal Property. Yet, again, they sent me 50%. Perhaps the supervisor misspoke when he said 30%. I've read that it's supposed to be 30%. At this early stage, they have not done any kind of assessment of my actual personal property loss amount.
They also sent me 80% of the base policy limit for my dwelling.
They also sent me 80% of the base policy limit for my dwelling.