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Related: How to protect your car in a wildfire Life insuranceĬonsider if you have enough life insurance to financially protect your family in the event of your untimely death (or, if applicable, your partner’s death).Īlso, make sure that your life insurance beneficiary information is accurate. This coverage is optional, so it’s a good idea to check with your car insurance company to make sure you have it. Related: How to protect your home in a wildfire Car insuranceĬomprehensive car insurance covers your car for fire damage. This will also be helpful if you need to file a claim. Make a home inventory to determine how much coverage you need. You need renters insurance or condo insurance to cover your personal possessions, from clothing to furniture. But you can’t count on your landlord’s insurance to replace your belongings if a wildfire destroys your unit. If you rent or live in a condo, your landlord’s insurance or HOA association typically covers damage to the building. Actual cost value will reimburse you for the value of your destroyed items minus depreciation. Replacement cost coverage will pay to replace your belongings with new, similar items, up to your policy limit. It’s also a good idea to check if you have replacement cost or actual cost value coverage. You want to make sure your dwelling coverage has kept pace with the changing costs to rebuild your home. It will also reimburse you for additional living expenses if your home becomes uninhabitable and you need to live somewhere else temporarily.Ĭall your insurance company to ask how much home insurance you need to protect yourself financially if your house is completely destroyed by fire. Your policy covers your house, outbuildings like a garage and your belongings-some of which may need to be replaced because of smoke damage. Standard homeowners insurance covers damage by fire, including wildfire.

Review Your Insurance PoliciesĪs part of your wildfire preparation, it’s important to spend some time reviewing your insurance policies to make sure you have adequate coverage in place. homes will have some level of wildfire risk.Ĭonsider these tips to help you prepare for a wildfire. The wildfire behavior model predicts that by the year 2050, nearly 80 million U.S. The First Street Foundation Wildfire Model estimates the risk of wildfire by gauging an area’s weather, accounting for climate change and combustible fuels that can exacerbate wildfires. homes are at risk of being damaged by a wildfire. A recent report by First Street Foundation found that nearly 72 million U.S.
