The California wildfire insurance crisis

Soundside · Jan 15, 2025 · 17m

For over a week now, Los Angeles has been devastated by aggressive wildfire that are expected to be the most costly in California’s history.

While many have already seen their communities burned, we won’t know the full extent of the damage for weeks.

Already, thousands of families are wondering how they are going to recover and rebuild.

Central to that question is how much of the costs insurance will cover.

And it comes as California is going through a home and renter’s insurance crisis.

Guest Levi Sumagaysay has been covering California’s economy and its insurance…