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IL02700720 (2) The Commissioner of Insurance finds However, we may nonrenew: that the exposure to potential losses will (1) If willful or grossly negligent acts or threaten our solvency or place us in a omissions by the Named Insured, or his hazardous condition. A hazardous or her representatives, are discovered condition includes, but is not limited to, a that materially increase any of the risks condition in which we make claims insured against; payments for losses resulting from an earthquake that occurred within the (2) If losses unrelated to the postdisaster preceding two years and that required a loss condition of the property have reduction in policyholder surplus of at occurred that would collectively render least 25% for payment of those claims; the risk ineligible for renewal; or or (3) If there are physical changes in the (3) We have: property insured against, beyond the (a) Lost or experienced a substantial catastrophe -damaged condition of the reduction in the availability or scope structures and surface landscape, which of reinsurance coverage; or result in the property becoming uninsurable. (b) Experienced a substantial increase 3. We are not required to send notice of in the premium charged for nonrenewal in the following situations: reinsurance coverage of our residential property insurance a. If the transfer or renewal of a policy, without policies; and any changes in terms, conditions or rates, the Commissioner has approved a plan is between us and a member of our for the nonrenewals that is fair and insurance group. equitable, and that is responsive to the b. If the policy has been extended for 90 days changes in our reinsurance position. or less, provided that notice has been given d. We will not refuse to renew such coverage in accordance with Paragraph C.1. solely because the first Named Insured has c. If you have obtained replacement coverage, cancelled or did not renew a policy, issued or if the first Named Insured has agreed, in by the California Earthquake Authority, that writing, within 60 days of the termination of included an earthquake policy premium the policy, to obtain that coverage. surcharge. d. If the policy is for a period of no more than e. We will not refuse to renew such coverage 60 days and you are notified at the time of solely because corrosive soil conditions issuance that it will not be renewed. exist on the premises. This restriction (e.) e. If the first Named Insured requests a applies only if coverage is subject to one of change in the terms or conditions or risks the following, which exclude loss or covered by the policy within 60 days of the damage caused by or resulting from end of the policy period. corrosive soil conditions: f. If we have made a written offer to the first (1) Commercial Property Coverage Part — Named Insured, in accordance with the Causes Of Loss — Special Form; or timeframes shown in Paragraph CA., to (2) Farm Coverage Part — Causes Of Loss renew the policy under changed terms or Form — Farm Property, Paragraph D. conditions or at an increased premium rate, Covered Causes Of Loss —Special. when the increase exceeds 25%. f. If a state of emergency under California Law is declared and the residential property is located in any ZIP Code within or adjacent to the fire perimeter, as determined by California Law, we may not nonrenew this policy for one year, beginning from the date the state of emergency is declared, solely because the dwelling or other structure is located in an area in which a wildfire has occurred. Page 4 of 4 All terms and conditions of this policy apply unless modified by this © Insurance Services Office. Inc.. 2020 INSURED COPY Risk MansgnnenE DMs tun REVIEWED&APPROVEDBY. ® Risk Management Specialist