Rebuilding After a Wildfire Strikes
As the Maria Fire has been contained and the evacuation ban has been lifted, wildfire victims are faced with another challenge — rebuilding.
The Santa Ana winds fueled a brush fire that started last Thursday evening. The fire threatened 2,300 structures which forced 8,000 people to evacuate their homes. As of last week, the Maria fire was 95% contained and has burned just under 10,000 acres. This impacted residential and commercial property along with agricultural property.
Most homeowners are coming home to fire and smoke damage with little to no money to rebuild. California residents have been hit hard by wildfires in the last few years, and some have yet to receive money from their insurance providers. Leaders have called for a state of emergency in areas impacted by wildfires, but how do thousands of homeowners rebuild after such devastation?
As of today, SoCal Edison agreed to payout $360 million to compensate 24 local government entities for damages occurred during the 2017 & 2018 fires. Even with a payout, the issue still remains, how will local residents be able to rebuild their homes and communities?
Homeowners and renters are looking to their insurance providers or draining their “rainy day” fund. With wildfire seasons stretched and higher frequency in wildfire prone areas, homeowners can’t afford to rebuild year after year.
Homeowners and renters can sign up for early access with Chestnut for our protection plan. You can get your wildfire risk analysis from getchestnut.com and determine your risk of wildfires. Chestnut is not intended to replace your homeowner’s insurance, but instead, to assist in relieving the stresses associated with the aftermath of wildfire impact on your home.
