California representatives Mike Thompson (D-CA) and Doug LaMalfa (R-CA) introduced the Disaster Resiliency and Coverage Act of 2024.
H.R. 7849 would provide homeowners in disaster-prone regions with incentives to harden their properties against wildfires and other risks.
The legislation is intended to help address the ongoing insurance crisis in California and other states, as the rising frequency and intensity of natural disasters has led insurers to raise rates and, exit certain markets.
The bill includes four main provisions:
A grant program, administered through state governments, through which individual households in designated disaster-prone regions are