Will Home Insurance Costs Increase in California?

Plumes of smoke rise as wildfire approaches a home during the Fairview Fire near Hemet, Calif., on Sept. 7, 2022. Patrick T. Fallon/AFP via Getty Images

The Staggering Cost of Wildfires in California

Until the fires in Hawaii, California accounted for the most wildfire damage in the United States. Twenty-two percent of total acres destroyed by wildfire was in California. This was partly due to drought and poor forest management. California has a suppression over-prevention philosophy when it comes to forest fires.