Why Homes in Los Angeles Will Likely Have Higher Insurance Premiums Now

01/09/25

“Why will homes in Los Angeles likely have higher insurance premiums now?”

Insurance rate premium amounts are in proportion to perceived risk. The ongoing (as of writing) fires devastating Los Angeles is making the market appear more risky for investors, thereby raising insurance rates. This is Why Homes in Los Angeles Will Likely Have Higher Insurance Premiums Now. California policymakers and financial institutions should act quickly and implement reforms to help the people of Los Angeles.

• Earth/Climate science
• Ecology
• Urban Systems