Posted on Jul 16, 2019
All County Insurance Services, Inc.
How California Wildfires Have Impacted Home Insurance Rates | California’s wildfire season in 2018 set many records, with thousands of individual fires costing billions in property damage and more billions in firefighting costs. The fires raged so terribly in the north part of the state that a national disaster was declared. Wildfires have long been a part of California’s landscape, and homeowners know that home insurance is designed to provide financial security in case of property damage or loss. California’s home insurance rates have been influenced by the sharp uptick in wildfires, both in the amount of destruction they cause and the expenses involved in fighting them.