Tag Archives: The Wildfire Insurance Coverage Study Act of 2022

An upcoming House Financial Services Committee hearing will discuss climate change’s impact on the nation, as wildfires burned an average of 6.8 million acres annually, putting homeowners in at-risk areas in jeopardy.

Redfin reports homebuyers are relocating to climate risky areas, despite intensifying natural disasters, as homes with high fire and flood risk sold for a premium during the pandemic.

House passage of new measure includes legislation to study the impact of wildfires, and explore more ways to protect homeowners.