Opinion
Needed: Affordable insurance in fire-prone areas
Homeowners watch the billowing smoke of the 2018 Woolsey Fire in Southern California. (Photo: BrittanyNY, via Shutterstock)OPINION: As currently amended —after months of compromise and negotiations— this bill would create a new Insurance Market Action Plan, or IMAP, designed to increase home insurance availability with better coverage and lower rates, and reduce the risk of catastrophic wildfire damage through home hardening and community mitigation. For many homeowners in high-risk areas, the FAIR Plan is currently the only option for fire insurance.