There are many factors that can affect how much you pay for homeowner’s insurance in California. One of these is the area you live in and potential risks in that area. If the risk of Wildfires in your area is high, you will likely have a higher homeowner’s insurance rate. Different areas are evaluated to determine what risk level your home is at and how your rate should be adjusted to reflect this. Here are some of the factors that come into play with wildfires and insurance.
Location FireLine and Homeowner’s Insurance
Some insurance companies have been known to use a standard of measuring your risk level for wildfires. This is known as the Location FireLine tool. This is used to help insurance providers in California, and other states, evaluate your geographical areas risk for a potential wildfire. It does this by using things like slope, fuel, and road access. It also identifies risks exposed to wind-borne embers in California. Your home will be given a FireLine score to provide the insurance company with a better idea of your eligibility for insurance and your premium amount for coverage.
Local Fire Department’s Impact on Homeowner’s Insurance
For your area, each fire protection agency, like your Fire Department, is reviewed by the ISO, or Insurance Services Office and ranked. This rank is called the Public Protection Class (PPCTM). Many insurance providers will use this rank to help them determine your insurance coverage cost for your area and for your house specifically. If you are in an area that is at risk for Wildfires, it can help to reduce the fire risks in your home by adding things like a fire extinguisher and smoke alarms.
If you have additional questions about how wildfire risks in California can affect your homeowner’s insurance rates, one of our experts would be happy to help you. Our local homeowner’s insurance experts can go over these details more thoroughly with you and discus a plan that makes the most sense for your coverage needs. Call us today at 877-945-7233.