Wildfires May Soon Be Uninsurable Risks for Homeowners

CBS News

There are signs that homeowners in wildfire-prone areas could see their deductibles increase or their home insurance cancelled as global warming increases wildfire risk, CBS News reports. House fires have traditionally been covered. But “the standard assumption of wildfire being a ‘secondary’ peril may evolve in the future,” said Steve Bowen of the insurance company Aon.

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