California Wildfires & Insurance

What Homeowners Need to Know

As wildfires devastate Los Angeles and surrounding areas, California’s insurance system is facing unprecedented strain. Homeowners relying on the FAIR Plan for catastrophe insurance could soon experience significant surcharges, adding financial stress during an already challenging time.

The FAIR Plan’s Financial Predicament

The FAIR Plan, a last-resort insurance program, is grappling with billions in exposure in high-risk areas like Pacific Palisades. With just $200 million in cash and $2.5 billion in reinsurance funds, the program is stretched thin. If claims exceed these resources, surcharges of $1,000 to $3,700—or more—could be passed to policyholders.

Insurance rates in California are also projected to rise by 40–50%, as new regulations allow insurers to pass reinsurance costs to customers. These changes mark a turning point in California’s insurance market, making it more critical than ever for homeowners to stay informed and prepared.

How Ronin Restoration Can Help

In the aftermath of such disasters, navigating insurance claims, surcharges, and rebuilding can be overwhelming. That’s where Ronin Restoration steps in.

Our Rapid Response Team is available 24/7 to help homeowners:

  • File Claims: We guide you through the FAIR Plan or private insurance claims process.
  • Understand Coverage: We clarify “loss of use,” personal property, and structural replacement provisions.
  • Rebuild with Confidence: Our experts coordinate repairs, rebuilds, and direct communication with insurance companies.
  • Access FEMA Resources: We help connect you to federal aid programs for additional assistance.

Moving Forward

While the full impact of the fires remains uncertain, acting quickly can minimize long-term challenges. Homeowners are encouraged to submit claims directly through the FAIR Plan online or via phone at 800-339-4099.

For immediate support, contact Ronin Restoration at (916) 444-5700. With Speed and Purpose, we’re committed to helping you rebuild, recover, and move forward.


Resources for Affected Homeowners:

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