VOLUNTEERS OF AMERICA LOS ANGELES (RAPID REHOUSING)

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C*S1 ' 6/30/2025 * GLP3964834 04 Great American Assurance Company ORIGINAL COPY 253405 (2) The Commissioner of Insurance findsthatthe (3) (3) If there are physical changes in the exposure to potential losses will threaten our property insured against, beyond the solvency or place us in a hazardous condition, catastrophe-damaged condition of the A hazardous condition includes, but is not structures and surface landscape, which limited to, a condition in which we make claims resultin the property becoming uninsurable. payments for losses resulting from an 3.We are not required to send notice of nonrenewal in earthquake that occurred within the preceding the following situations: too years and that required a reduction in policyholdersurplusofatleast25%forpayment s• If the transferor renewal of a policy,without. of those claims;or any changes in terms, .conditions or rates, is _ {3)We have: beAeen us and a memberof our insurance group. b. If the policy has been extended for 90 days or (a)Lost or experienced a substantial reduction less, provided that notice has been given in in the availability or scope of reinsurance accordance with Paragraph C.I. coverage;or c. If you have obtained replacement coverage,or (b)Experienced a substantial increase in •the if thefirst Named Insured has agreed,in writing, premium charged for reinsurance average within 60 days of the termination of the policy,to of our residential property insurance obtain that coverage. policies;and d. If the policy is for a period of no more than 60 the Commissioner has approved a plan forthe days and you are notified atthe time of issuance nonrenewals that is fairand equitable,and that that itwill not be renewed. is responsive to the changes in our reinsurance elf the firstNamed Insured requests a change'in position. the terms or conditions or risks covered by the d. We will not refuse to renew such coverage solely policy within 60 days of the end of the policy because the first Named Insured has cancelled or period. did not renew a policy, issued by the California f.- If we have made a written offerto the first Earthquake Authority,that included an earthquake Named ^insured, in accordance with the policy premium surcharge. timeframes shown in Paragraph C.1.,to renew e. We will not refuse to renew such coverage solely the policy under changed term s o r cc nd itions or because corrosive soil conditions exist on the at an increased premium rate, when the premises. This restriction (e.) applies only if increase exceeds 25%. coverage is subject to one of the following,which exclude loss or damage caused by or resulting from corrosive soil conditions: (1)Commercial Property Coverage Part- Causes Of Loss-Special Form;or (2) Farm Coverage Part- Causes Of Loss Form- Farm Property, Paragraph D. Covered Causes Of Loss-Special. 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, beginningfrom 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. However,we may nonrenew: (1) If willful or grossly negligent acts or omissions by the Named Insured, or-his or her representatives, are discovered that materially increase any of the risks insured against; (2)If losses unrelated to the postdisaster loss condition of the property have , occurred that would collectively render the risk ineligible for renewal;or ©Insurance Se"ices Office,Inc.,2020 IL 02 70 (Ed. 07/20) (Page 4 of 4)