California Wildfire Cleanup Cost $3B ?

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California Wildfire Cleanup Cost $3B ?

Gustavo Angel Herrera, Contributor

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It has been about a  month as Southern California tragic wildfire has been contained leaving thousand of debris through out its path. As of Tuesday December 11th the State and Federal Authorities had estimated a cost of about $3 billion dollars in clean up fees to clear debris from about 19,000 homes and businesses lost earlier last month in the tragic wildfire. They expect the cleanup to begin some time around January of the new year and estimate that it’ll take about a year to complete. Most of the work will take place in Northern California as the wildfire destroys the city of Paradise. As of the Camp fire the death toll has stood at 86 as of Tuesday, December 11th. In last years fire California Insurance Commissioner had stated carriers received $11.8 billion in claims due to tragic fire. This years fire has left Insurance claims numbers skyrocketing as Insurance rates are at $9 billion and still counting the ones yet to come.

Picture: https://www.travis.af.mil/News/Features/Display/Article/1435765/citizen-airmans-selfless-actions-aid-california-wildfire-victims/ 

Source: https://ktla.com/2018/12/12/insurance-claims-from-latest-california-wildfires-hit-9-billion-and-are-expected-to-rise/

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