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86,000 Homes in Southern California at Risk from Wildfires

December 8, 2017

 

Combined Value of Homes at Risk Over $27 Billion

 

According to CoreLogic hazard risk analysis, a total of 86,242 homes in Ventura and Los Angeles counties with a combined reconstruction cost value (RCV) of $27.7 billion are at some level of risk from the Thomas, Rye and Creek Wildfires.
 

Of the total at-risk homes, 13,526, or 16 percent, with an estimated RCV of more than $5 billion are at significant risk of damage, falling in the High and Extreme risk categories, according to CoreLogic data.

 

Although the majority of homes, 72,716, or 84 percent, are at Low or Moderate risk of damage, wildfire can easily expand to adjacent properties and cause significant damage even if a property is not considered high risk in its own right.

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