LA Wildfires Leave Homeowners Struggling with Insurance Claims

LA residents who lost their homes in recent devastating wildfires are facing a prolonged battle to recover from insurance payouts. Insurers are handling an increased number of claims due to the extreme destruction caused by the fires. Annie Compton, whose home was consumed by flames after two weeks of burning, recently recounted her harrowing experience. She had just put her children to bed when her neighbor rushed to her door, warning her of the approaching danger. With no time to gather her belongings, Compton and her family fled their home, leaving behind everything they owned.

Source: https://www.bloomberg.com/news/features/2025-01-22/la-fires-what-to-know-about-filing-a-wildfire-insurance-claim