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Homeowners and insurers alike are up against a tough market in the Golden State.
Microwaves, laptops and batteries are common fire starters at work.
Insurify: The average annual cost of full coverage is more than $3,000 in six U.S. states.
The average cost to replace a roof in 2023 was $16,000 for residential properties and $40,000 for commercial structures.
In the wake of disasters like Helene and Milton, insurers should offer incentives for resilience-focused construction.
Insurers are starting to get a feel for the how large the impact will be from back-to-back hurricanes Helene and Milton.
Moody's: Estimates take into account wind, storm surge and precipitation-induced flooding.
Officials are cautiously optimistic that damage won't be as extreme as initial forecasts predicted.
Some weather-risk modelers are saying this hurricane could be another Katrina.
Impacted residents in a region still recovering from Helene's devastation have been urged to evacuate again.