California insurers to charge homeowners for FAIR Plan bailout after LA wildfires
California homeowners will face temporary insurance surcharges averaging $50–$60 over two years to help cover a $1 billion FAIR Plan bailout after Los Angeles wildfires.
California insurers set to charge homeowners for L.A. County fire costs
California homeowners will face average surcharges of about $50 as insurers recoup portions of a $1 billion FAIR Plan assessment tied to January wildfires.