Wildfire risk isn’t just a problem for homeowners—it’s a growing threat to lenders. With insurers pulling out of high-risk areas, claims getting delayed, and new laws imposing restrictions on lenders making it harder to manage risk, the financial landscape has changed.

Lenders who do not implement provisions in their loan documents to address wildfire risk and other natural disasters are leaving themselves exposed. That’s why Doss Docs has updated its Business Purpose Loan Documents to include new wildfire risk provisions. These provisions give lenders greater authority over how insurance proceeds are used. Lenders also gain more control over how restoration is managed and whether properties should be rebuilt after a disaster.

Protecting our lenders is always our priority. That’s why Doss Docs Business Purpose Loan Documents now include these wildfire risk provisions. As a result, these safeguards help lenders manage insurance proceeds, restoration decisions, and changing natural disaster-related regulations.

These updates are available now, giving lenders the tools to better protect their loans. Moreover, if your loan documents do not include these critical protections, Doss Docs offers 50-state automated loan documents with these safeguards.