The Impact of Changing Wildfire Risk on California’s Residential Insurance Market


It is critical to understand how the insurance market is currently performing with regard to wildfire risk and
how climate change may affect this performance. This study uses the outputs from detailed wildfire and population models and ZIP code–level data on insurance policies to examine how risk is expected to change and what the potential implications are for residential insurance markets.

We thank the California Natural Resources Agency for providing us with this report.