This is going to be expensive.

Fox News:

Insurance has become a serious problem in California as wildfires — past and present — wreak havoc on the state.

After last year’s devastating wildfires, insurance companies are balking at fire coverage policy renewals for more than 350,000 residents in high-risk areas.

“We are seeing an increasing trend across California where people at risk of wildfires are being non-renewed by their insurer,” state Insurance Commissioner Ricardo Lara said in a statement.

The California Department of Insurance “has seen cases where homeowners were paying an annual premium of $800-$1,000 but, upon renewal, saw increases to as high as $2,500-$5,000,” a staggering rise of more than 300 percent in most cases.

Plumas News – Quincy, CA:

Graeagle’s fire hall was packed with close to 200 community members on the evening of Sept. 20. Everyone had one thing in mind: How to make sense of the…