Wildfire Insurance Escrows –
With 45% of California counties now in high-risk wildfire zones, insurance escrows are essential for commercial properties. Secured Trust Escrow, the most trusted name in CA disaster escrows, helps clients:
- Hold 12 months of premiums in advance (per SB 82 requirements)
- Manage claim payouts for fire damage repairs
- Verify contractor work before releasing rebuild funds
- Document losses for tax and FEMA purposes
Our edge: We’ve processed $28M in wildfire claims since 2020 with 100% client recovery.
Napa Valley Winery Recovery (Hypothetical Scenario)
After the 2024 Glass Fire destroyed a vineyard’s processing facility:
- Secured Trust released $250,000 from escrow within 24 hours for emergency stabilization
- Held $1.8M insurance payout until:
- Architect plans were approved
- Contractors provided proof of materials
- Inspections verified fire-resistant construction
- Structured payments to match harvest season cash flow
The winery reopened 5 months faster than competitors using traditional insurance.
California Wildfire Escrow Checklist
Trust Secured Trust for:
- CAL FIRE compliance documentation
- Multi-year premium reserve planning
- Builder’s risk policy coordination
- Disaster loan disbursement management
Peace of mind: Learn why we’re California’s preferred disaster escrow partner.
Like
Recent posts
