As traditional insurers exit high-risk zones, affluent clients must navigate a maze of unregulated carriers and shifting standards
The insurance market for luxury homes in wildfire-prone regions like California is undergoing a dramatic realignment. With major carriers retreating from high-risk areas, a patchwork of lesser-known and often loosely regulated insurers is stepping in. The result, according to industry experts, is not so much a scarcity of coverage as a deepening complexity – leaving wealthy homeowners with difficult choices and growing exposure.
“High net wor…