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Wildfire Insurance Made Easy: Insights for Buyers and Sellers

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Wildfire Insurance Made Easy: Insights for Buyers and Sellers

According to Assemblymember Damon Connolly, Chair, Assembly Select Committee on Wildfire Prevention, the pace of the current State Senate campaign has made it easy to overlook an important achievement: the passage of AB 1, a bipartisan wildfire-insurance reform signed by Governor Gavin Newsom.

As a team of real estate professionals, we see this law as a major step for homeowners and buyers in areas at risk of wildfires. AB 1 rewards property owners who strengthen their homes — through defensible space, upgraded roofing, vents, and other safety measures — by providing them with the highest available insurance savings.

The law also ensures regular updates to wildfire-related insurance regulations, reflecting new prevention methods and technologies. This creates predictability for homeowners and buyers, making it easier to plan investments and maintain properties safely.

AB 1 expands access to California’s Safer from Wildfires program, providing relief to those who reduce their fire risk. Communities where more homes adopt mitigation measures become safer overall, benefiting residents, property values, and the real estate market.

For buyers and sellers, the benefits are clear: homes with fire-hardening upgrades are more appealing, insurance becomes more affordable, and neighborhoods gain resilience. Our team will continue to share insights and updates on wildfire safety programs to help clients make informed decisions and protect their investments.

Source: DamonConnolly.com