FAIR, with its high premiums and basic coverage, was designed as a temporary safety net until policyholders find a more permanent option. Yet the number of FAIR Plan residential policies more than doubled from 2020 to 2024, reaching nearly 452,000 policies last year.

Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.

Unless governments take on the financial burden of serious mitigation efforts, the price of California’s fire risk will remain unequal and left to the homeowners, Collier of UC

The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires.