Insured losses through California’s wildfire disaster top $3 billion

Overall, residential insured losses for all the fires totaled just over $3.1 billion as well as commercial losses represented nearly $137 million. Auto losses exceeded $28 million as well as farm/agriculture losses through the fires exceeded $4.5 million, with most of the item in Sonoma County although also some losses in Napa County.

The wine country wildfires damaged or destroyed more than 14,700 homes, 728 businesses, as well as more than 3,0 private cars, commercial vehicles, farm equipment as well as watercraft.

At least 43 people died as a result of the devastating fires, including a firefighter.

The series of wildfires, which started out the evening of Oct. 8, destroyed entire neighborhoods inside the city of Santa Rosa. At least 5 percent of the housing stock in Sonoma County was destroyed inside the fires.

The residential property insured losses in Sonoma County exceeded $2.6 billion, according to the state insurance commissioner. of which number will be likely to up as insurance adjusters process more claims for the hard-hit area.

As of Tuesday, all of the original wine country wildfires were 99 percent contained. The fires remain under investigation by Cal Fire. More than two dozen wineries were damaged or destroyed inside the recent fires.

In Napa County, the residential property insured losses totaled more than $266 million as well as commercial losses exceeded $3.2 million. Mendocino County residential losses exceeded $115 million as well as Yuba as well as Lake counties had more than $48.5 million each in residential losses.

“These numbers are based on actual claims filed with the insurance companies,” Jones said. “They are not an estimate, they are actual claimed insured losses.”

Added Jones, “Of course in a disaster of of which magnitude, there are also uninsured losses — infrastructure, schools, community centers, parks … as well as to those who did not have insurance or were under-insured.”

Jones said he will be concerned of which the fires could represent a brand new normal. “We’ve seen greater frequency, greater unpredictability as well as greater severity of fires recently,” he said.

The state official said increasing dry conditions in parts of the state are contributing to the fire risk. He also blamed the changing global climate.

“The wildfires in Santa Rosa destroyed neighborhoods of which had been previously understood to have be at lower risk,” he said. “of which fire jumped over a four-lane highway, which the item was thought might function as a fire break. of which didn’t occur.”

The state official said the policy change maybe needed since California continues “to develop in areas where there’s significant change of fire. We continue not to have adequate local fire protection resources to fight those fires as well as we shift those costs onto Cal Fire as well as the state.”

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