Real-estate agents fear fire in high-risk areas after LA disaster
REsimpli survey: Over half of real-estate sector thinks insurance will be most affected.
By Joe Toppe |
February 14, 2025 at 06:00 AM
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Destroyed homes at the Pacific Palisades Bowl Mobile Estates after the Palisades Fire in the Pacific Palisades area of Los Angeles, California, US, on Thursday, Jan. 30, 2025. The EPA has been tasked with removing toxic waste from over 16,000 homes and businesses destroyed in the Los Angeles wildfires within 30 days, a challenge that is testing the government’s wildfire playbook. Photo: Roger Kisby/Bloomberg
Most real-estate agents say they’re worried about their properties in fire-prone areas, according to a recent survey by REsimpli.
Roughly 90% of the industry is concerned, the data showed, with 50.27% believing the insurance sector will be most affected.
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