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(1) The nonrenewal is based on sound year, beginning from the date the state of underwriting principles that relate to emergency is declared, solely because the coverages provided by this policy the dwelling or other structure is located and that are consistent with the in an area in which a wildfire has approved rating plan and related occurred. documents filed with the Department However, we may nonrenew: of insurance as required by existing (1) If willful or grossly negligent acts or law; omissions by the named insured, or (2) The Commissioner of Insurance finds his or her representatives, are that the exposure to potential losses discovered that materially increase will threaten our solvency or place us any of the risk insured against. in a hazardous condition. A (2) If losses unrelated to the post disaster hazardous condition in which we loss condition of the property have make claims payments for losses occurred that would collectively resulting from an earthquake that render the risk ineligible for renewal; occurred within the preceding two or years and that required a reduction in policyholder surplus of at least 2b% (3} If there are physical changes in the for payment of those claims; or property insured against, beyond the catastrophe-damaged condition of the (3) We have: structures and surface landscape, (a) Lost or experienced a substantial which result in the property becoming reduction in the availability or uninsurable. scope of reinsurance coverage; or 3. We are not required to send notice of (b) Experienced a substantial nonrenewal in the following situations: increase in the premium charged a. If the transfer or renewal of a policy, for reinsurance coverage of our without any changes in terms, conditions, residential property insurance or rates, is between us and a member of policies; and our insurance group. the Commissioner has approved b. If the policy has been extended for 90 a plan for the nonrenewals that is days or less, provided that notice has fair and equitable, and that is been given in accordance with paragraph responsive to the changes in our C.1. reinsurance position. c. If you have obtained replacement c. We will not refuse to renew such coverage coverage, or if the first Named Insured solely because the first Named Insured has has agreed, in writing, within 60 days of cancelled or did not renew a policy, issued by the termination of the policy, to obtain the California Earthquake Authority that that coverage. included an earthquake policy premium d. If the policy is for a period of no more surcharge. than 60 days and you are notified at the d. We will not refuse to renew such coverage time of issuance that it will not be solely because corrosive soil conditions exist renewed. on the premises. This restriction (d) applies e, If the first Named Insured requests a only if coverage is subject to the Special change in the terms or conditions or risks Property Coverage Form, which excludes loss covered by the policy within 60 days of or damage caused by or resulting from the end of the policy period. corrosive soil conditions. If a state of emergency under California Law f. If we have made a written offer to the first Named Insured, in accordance with the is declared and the residential property is time frames shown in paragraph C.1., to located in any ZIP Code within or adjacent to the fire perimeter, as determined by California renew the policy under changed terms or Law,we may not nonrenew this policy for one conditions or at an increased premium rate, when the increase exceeds 25%. If there is an appraisal, we will still retain our right to deny the claim. Form 85 01 21 02 20 Page 3 of 5