New Fire Maps May Mean Higher Insurance Costs In California
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on California’s new fire maps and their potential impact on insurance costs. Governor Gavin Newsom announced that Cal Fire’s updated maps will add 1.4 million acres to zones requiring stricter fire safety measures. While this could lead to better fire prevention, the real question is whether insurance companies will adjust their rates accordingly. If they do, homeowners may see lower premiums. If not, insurance costs in wildfire-prone areas will likely remain high.
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