Southern California, October 27, 2025
News Summary
Delos Insurance Solutions has announced an expansion of wildfire insurance coverage, adding 265,000 homes to its portfolio in Southern California. This move increases Delos’s coverage to approximately 2.5 million homes across five counties. The company utilizes advanced risk modeling technology to assess wildfire risks more accurately, providing a viable alternative in a market where traditional insurers are scaling back due to heightened wildfire risks. Delos aims to enhance access to insurance in areas previously overlooked by conventional insurers.
Delos Insurance Expands Wildfire Coverage in Southern California
Southern California residents will see an expansion in wildfire insurance coverage as Delos Insurance Solutions announces plans to add 265,000 additional homes to its portfolio. This increase will boost Delos’s total coverage footprint to approximately 2.5 million homes across five counties: Los Angeles, Orange, Riverside, San Bernardino, and San Diego.
This strategic move comes amid ongoing challenges in the insurance market, where numerous traditional insurers are reducing or halting new policies due to the increasing risk of wildfires. To facilitate this expansion, Delos has improved its proprietary risk modeling technology, which utilizes satellite imagery and advanced wildfire science to better assess risks in wildfire-prone areas.
Enhancing Risk Assessment Technologies
Founded in 2017 by a group of aerospace engineers, Delos was created with the goal of providing insurance coverage in regions overlooked by conventional insurers due to wildfire threats. The company employs technology-driven underwriting that meticulously evaluates property-level risks, offering policies for primary, secondary, and seasonal homes while integrating mitigation strategies.
Delos’s wildfire risk model has proven effective, as it has accurately predicted the intensity and extent of all major California wildfires over the past seven years. The company is continuously enhancing its data analysis, including the incorporation of detailed wind patterns and information regarding suppression efforts, to broaden its insurable footprint. Research reveals that approximately 65% of homes identified as “high risk” by traditional models may be reclassified as medium or low risk under Delos’s innovative system, suggesting potential price relief for homeowners struggling with escalating insurance premiums.
Understanding Wildfire Risks and Urban Areas
Delos’s upgraded risk model also addresses the potential for “urban conflagration,” which involves assessing fire spread scenarios in developed areas. This is crucial for understanding how wildfires might affect both urban and rural properties.
Future Plans and Market Position
As part of its ongoing growth strategy, Delos plans to expand its technology-driven wildfire insurance offerings beyond California, backed by a $9 million fundraising round slated for late 2024. Future products are set to include high-value home insurance as well as commercial property coverage.
Currently, Delos insures approximately 30,000 homes throughout California and operates in the non-admitted insurance market. This operating framework places the company at higher risk compared to traditional insurers, as they are not backed by state finances in the event of insolvency. As a result, the premiums for Delos insurance policies are often higher.
Comprehensive Coverage Options
Delos offers a wide range of coverage that encompasses water damage, theft, liability, and wildfire. Such inclusivity is significantly broader compared to the state’s FAIR Plan, which is known to be costly and limited in coverage options. Policies are typically sold through independent agents, which allows agents to become appointed with the company swiftly, thereby improving accessibility for homeowners seeking insurance.
Commitment to Coverage Gaps
Delos is committed to addressing the gaps in insurance coverage seen across California. Its innovative risk distribution model suggests a viable alternative that blends advanced analytics with traditional underwriting methods, aiming to enhance access to meaningful insurance solutions for homeowners across the state.
Frequently Asked Questions
What recent action is Delos Insurance Solutions taking regarding wildfire coverage?
Delos Insurance Solutions is expanding its wildfire coverage across five Southern California counties, which includes adding 265,000 homes to its portfolio.
What areas will Delos Insurance cover with the expansion?
The expansion increases Delos’s total coverage footprint to approximately 2.5 million homes across Los Angeles, Orange, Riverside, San Bernardino, and San Diego counties.
What technology does Delos use to assess wildfire risks?
The expansion is facilitated by improvements in Delos’s proprietary risk modeling technology that uses satellite imagery and wildfire science to assess risks.
Is Delos Insurance affected by state backing?
Delos operates in the non-admitted market, meaning it is not backed by the state if it goes insolvent, typically involving higher premiums.
Key Features of Delos Insurance Expansion
| Feature | Description |
|---|---|
| New Coverage Addition | 265,000 homes in Southern California |
| Total Coverage Footprint | Approximately 2.5 million homes |
| Improved Risk Modeling | Utilizes satellite imagery and wildfire science |
| Market Position | Non-admitted market with potentially higher premiums |
| Policy Inclusions | Water damage, theft, liability, and wildfire |
Deeper Dive: News & Info About This Topic
- Insurance Business: Delos Insurance Expands Wildfire Coverage
- Wikipedia: Wildfire
- Intelligent Insurer: Trusted Wildfire Science
- Google Search: Wildfire Insurance California
- Claims Journal: Wildfire Insurance Trends
- Encyclopedia Britannica: Wildfire
- Carrier Management: California Wildfire Insurance
- Google News: Wildfire Risk Assessment
- Insurance Business: Tackling Wildfire Risk with Machine Learning
- Google Scholar: Wildfire Insurance Technology
Author: Anaheim Staff Writer
The Anaheim Staff Writer represents the experienced team at HEREAnaheim.com, your go-to source for actionable local news and information in Anaheim, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as major conventions at the Anaheim Convention Center, including NAMM and VidCon, exciting games at Angel Stadium and Honda Center, and developments at Disneyland Resort Our coverage extends to key organizations like the Anaheim Chamber of Commerce and Visit Anaheim, plus leading businesses in hospitality, entertainment, and innovation that power the local economy As part of the broader HERE network, including HERECostaMesa.com, HEREHuntingtonBeach.com, HERESantaAna.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
