Wildfire Risk Threatens Nearly 1.3 Million Homes in California

Approximately 1.3 million California homes are at risk of wildfire, which would cost more than $760 billion to rebuild, according to a recent analysis.

A U.S. forestry firefighter cools a burning modular home to protect a nearby structure in Deerhorn Valley as the Harris Fire continues growing beyond 70,000 acres near Jamul, Calif., on Oct. 24, 2007. David McNew/Getty Images

It would cost more than $760 billion to rebuild approximately 1.3 million homes at risk of wildfire, according to an Aug. 10 report released by Irvine-based business intelligence and data analytics firm CoreLogic.

The report assessed such risk to homes by analyzing a variety of variables impacting wildfire danger, including slope, fuel source, surface composition, drought, and winds.