OR HB3089

Defines "wildfire risk" as danger from uncontrollable brush fires, firestorms, or fire series fueled predominantly by trees, grasslands, timber, scrub, or native vegetation that has been declared a wildfire by a governmental authority

Requires insurers who cancel, non-renew, or increase premiums on homeowner insurance policies for wildfire-related reasons to notify policyholders of property-specific wildfire risk characteristics and available mitigation actions

Mandates insurers using wildfire risk scores to disclose in plain language how scores are determined, the range of possible scores, the property's relative position, and how mitigation actions could affect the score

For wildfire-related premium increases, insurers must describe what mitigation actions could result in discounts and the specific amount of potential premium reductions

Takes effect on the 91st day after adjournment of the 2025 regular legislative session