A home burning down due to a wildfire will generally be covered up to the insured amount minus depreciation under dwelling coverage, belongings will be covered under personal property coverage, and the cost of relocating temporarily may be covered by loss of use coverage, he adds.

Three wildfires continue to burn in the Los Angeles region, according to Cal Fire. The Palisades and Eaton fires have scorched nearly 40,000 acres, destroying thousands of homes and forcing tens of thousands of evacuations. The fires are 31% and 65% contained, respectively, but authorities said earlier this week that the blazes had little growth.