Name: Wildfires drive up California homeowner insurance price hikes
Uploaded: 2026-10-23T06:35:11+08:00
Duration: 2 min 25 s
Description: California homeowners are facing another financial blow as the state's insurer of last resort raises rates by an average of nearly 30%. The increase comes as wildfires continue to threaten communities and a new climate report warns of an increasingly

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02:26

California homeowners are facing another financial blow as the state's insurer of last resort raises rates by an average of nearly 30%. The increase comes as wildfires continue to threaten communities and a new climate report warns of an increasingly dangerous future. CGTN's Martin Markovits reports.

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