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EconomyWildfires push California homeowner insurance rates higher

California’s insurer of last resort is raising rates by an average of nearly 30%, adding to homeowners’ financial strain. The increase comes as wildfires continue to threaten communities and a new climate report warns that conditions are likely to become more dangerous.

Californiahomeowners insurancewildfiresrate increases

CCGTN★★★☆☆2026-10-22 22:35Original

Wildfires push California homeowner insurance rates higher
Wildfires push California homeowner insurance rates higherEconomy