New Headwaters Economics, IBHS study analyzes costs of wildfire-resistant construction in California
Richburg, S.C., July 28, 2022 – The Insurance Institute for Business & Home Safety (IBHS) and Headwaters Economics today released a study examining the cost of building more wildfire-resistant homes in California, which found vulnerable areas of the home can be mitigated for less than $3,000 during new construction. This analysis, Construction Costs for a Wildfire Resilient Home: California Edition, fills a gap in understanding wildfire-resistant construction costs and demonstrates the affordability of three wildfire resistant options as communities in California and across the West face a growing threat of home-ignition due to wildfire events.
