Los Angeles Wildfires Costliest
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Palisades FireCNBC
•Science
Science
L.A. wildfire victims face financial anxiety amid recovery: 'The uncertainty is very unsettling'
83% Informative
The Palisades Fire and Eaton Fire have scorched more than 50,000 acres and destroyed more than 16,000 structures.
The L.A. fires are estimated to be among the costliest in U.S. history.
The disaster pushed the nation markets overnight; it will take time to sort out many of their concerns.
Some L.A. residents may never be able to move back to their homes after the fires.
FEMA assistance can be helpful for those who qualify for FEMA assistance.
California law requires home insurers to issue a cash advance worth at least 30% of policyholder's "dwelling" insurance limit, up to $250,000 .
Many insurers have stopped writing policies in California or limited their exposure due to wildfire risk.
Two-thirds or more of L.A. fire victims will find they are underinsured, says United Policyholders .
That means their insurance policy won't cover the full cost of rebuilding or repairing property.
VR Score
85
Informative language
83
Neutral language
65
Article tone
informal
Language
English
Language complexity
42
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
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17
Source diversity
14
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