Flood Risk May Surpass Wildfire Risk in California By 2025, Adding To Home Insurance Costs

Recent wildfires in California have devastated vegetation, increasing the risk of floods and mudflows. By 2050, homes in Los Angeles, San Diego, and San Francisco will face a higher flood risk than wildfire risk, with over a million homes seeing a significant increase in flood risk levels. Homeowners may need costly flood insurance, as even minor flooding can lead to substantial damage. The National Flood Insurance Program has also raised rates in high-risk areas, further burdening homeowners.