CCRE Report Offers Solutions for California’s Escalating Insurance Challenges

California’s homeowners insurance market is facing mounting pressure—driven by rising premiums, reduced private carrier participation, and a sharp increase in FAIR Plan enrollment. To help address this growing crisis, the Center for California Real Estate (CCRE) convened a closed-door strategy session with leading experts in insurance, wildfire mitigation, policy, and consumer advocacy. The resulting CCRE report captures key insights from the discussion and outlines a roadmap of actionable solutions to expand access, improve market stability, and build long-term resilience.

Among the key recommendations:

• Streamline rate approvals to encourage more insurers to re-enter the market

• Allow more accurate risk-based pricing while preserving consumer protections

• Secure long-term funding for community-wide wildfire mitigation

• Promote property-level risk tools and education to help homeowners take action

• Empower REALTORS® to connect clients with mitigation programs and insurance resources

  
  

The report also underscores the vital role REALTORS® can play in bridging the gap between consumers, risk reduction efforts, and available coverage.

Read the full report to explore these and other proposed solutions.