Insured losses from October’s wildfires in Northern California topped $3.3 billion, according to the state Department of Insurance.
Free Confidential Lawsuit Evaluation: If you were injured or someone you know died in the Napa / Sonoma County fires, or if you are a winery owner or own another business that suffered property damage, you should contact our law firm immediately. You may be entitled to compensation by filing a suit and our lawyers can help.
What’s the problem?
December 20, 2017 – The claims for insured losses on residences, businesses and vehicles represents a 3-fold increase from earlier statistics released by the state agency. Data was based on losses as reported to the state by 15 major insurers, according to CNBC.
“Behind each and every one of these claims, and behind the over $3 billion in insured losses claims, are ordinary people,” said Insurance Commissioner Dave Jones. “Tens of thousands lost everything in what has proven to be the deadliest and one of the most costly set of wildfires in our state’s history.”
Jones also said he believes there’s a good chance insurers may from here out take a second look at areas that were once classified as low wildfire risk, and be wary of issuing policies given the massive losses caused by October’s fires.
All told, residential insured losses for all the fires came out to just over $3.1 billion, and commercial losses of nearly $137 million. Auto losses exceeded $28 million and farm/agriculture losses from the fires exceeded $4.5 million, with most of it in Sonoma County, but also some losses in Napa.
The wine country wildfires damaged or destroyed more than 14,700 homes, 728 businesses, and more than 3,600 private cars, commercial vehicles, farm equipment and watercraft.
At least 43 people died as a result of the fires, including a firefighter.
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