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Author(s) Cignarale, Tony; Laucher, Joel; Allen, Kenneth; Landsman-Smith, Lisbeth

The availability and affordability of coverage for wildfire loss in residential property insurance in the wildland-urban interface and other high-risk areas of California: CDI summary and proposed solutions

Source
State of California, the
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This paper provides a summary of the major issues surrounding the availability and affordability of residential insurance coverage in California, including considerations of wildfire risk in the wildland-urban interface and the wildfire risk models used by insurers.

The paper offers the California Department of Insurance’s (CDI) recommendations to the state Legislature and other stakeholders as to how these problems can be addressed through a cooperative effort from all levels of government, the insurance industry, consumers groups, and other stakeholders.

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English

Document links last validated on: 18 December 2019

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Hazards Wildfire
Themes Insurance and risk transfer
Country and region United States of America
Number of pages
44 p.
Publication year
2017

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