Who's on the hook for California's uninsurable homes?

Who's on the hook for California's uninsurable homes?

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  • Episodio
      484
  • Publicado
      16 ene 2025
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484 of 697
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10min
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Economía y negocios

The Southern California wildfires are devastating large swathes of Los Angeles, destroying homes and businesses and displacing thousands. In the state's strained insurance system, homeowners who can't get fire coverage from traditional insurers are left with just one option—the FAIR Plan.

Today on the show, we explain how the FAIR Plan works and the existential problems it now faces as the wildfires put new pressure on California's insurance market.

Related episodes: When insurers can't get insurance

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