#United States #San Francisco #Delos Insurance #wildfire science #California homeowners

Delos Insurance Expands Coverage for Thousands of Homes

In response to increasing challenges in the homeowners' insurance market, Delos Insurance Solutions has announced a significant expansion of its coverage across southern California. With the ability to insure an additional 265,000 homes, this move reflects Delos's commitment to providing accessible coverage in regions stressed by wildfire risks. Previously, the company already insured 2.5 million homes in five counties, namely Los Angeles, Orange, Riverside, San Bernardino, and San Diego.

Delos Insurance leverages advanced wildfire science and satellite imagery to reshape the way home insurance operates in fire-affected areas. According to the company, their proprietary wildfire hazard model continuously evaluates accuracy, constantly refining its datasets to offer potential insurance coverage in regions that have faced severe wildfire threats. This latest adjustment enables the company to increase home insurance eligibility by an additional 11%.

Innovative Solutions for Homeowners

What sets Delos apart is its pioneering approach that combines innovative technological solutions with empirical data. The recent enhancements involved the incorporation of refined high-resolution wind data along with datasets on suppression efficacy and urban conflagration potential. With these refined metrics, Delos can identify properties that do not present a high risk, thus offering them coverage in an otherwise daunting insurance climate.

Research conducted by Delos indicates that approximately 65% of homes typically categorized as