A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.

Natural disasters, such as wildfires and coastal flooding, raise questions about what insurance will cover (and what it won’t).

California's home insurance market was rocky before the fires, but companies were committed to make a comeback. With thousands of claims expected to flood the system, homeowners can expect changes.