Significant Findings:
A substantial number, 69%, of households report being underinsured by an average amount of $247 per square foot. The dollar amount is a significant increase from underinsurance data we have collected from previous wildfires recovery surveys.
Common claim problems continue with a majority of survey takers experiencing delays in communications (68%) and claim payments (69%), and 61% reported that their insurers’ estimate of the replacement cost of their home was inadequate.