Southern California, October 27, 2025
News Summary
Delos Insurance Solutions is set to expand its wildfire coverage significantly by insuring an additional 265,000 homes across five counties in Southern California. This expansion increases its overall coverage to approximately 2.5 million homes in areas like Los Angeles and San Diego. Utilizing advanced risk modeling technology, Delos aims to offer more affordable policies while addressing the escalating wildfire risk that has caused many traditional insurers to retreat from the market. The company plans to extend its offerings across the state and beyond, creating a more inclusive coverage option for homeowners.
California
Delos Insurance Solutions is significantly expanding its wildfire coverage in Southern California, aiming to insure an additional 265,000 homes across five counties. This move increases Delos’s total coverage footprint to approximately 2.5 million homes in the region, encompassing Los Angeles, Orange, Riverside, San Bernardino, and San Diego counties.
The expansion is made possible by advancements in Delos’s proprietary risk modeling technology that utilizes satellite imagery and wildfire science to more accurately assess risks associated with wildfires. This enhanced modeling allows the company to mitigate price swings and potentially offer more affordable policies for homeowners in high-risk areas.
Founded in 2017 by aerospace engineers, Delos was created with the mission to provide insurance coverage in areas that traditional insurers have abandoned due to the growing threat of wildfires. The company employs technology-driven underwriting processes that evaluate property-level risks while providing a variety of policy options, including coverage for primary residences, secondary homes, and seasonal properties, all while incorporating mitigation strategies.
Over the past seven years, Delos’s wildfire risk model has accurately predicted the extent of all major California fires. With continuous improvements in data analysis, including the integration of detailed wind data and information regarding wildfire suppression efforts, the company is poised to enhance its insurable footprint even further.
Approximately 65% of homes that conventional models classify as high risk could potentially be reclassified as medium or low risk under Delos’s advanced system. This reclassification may offer significant relief from rising insurance premiums that many homeowners are currently facing. The upgraded model also incorporates data on “urban conflagration” potential, improving the understanding of fire spread in developed areas.
Delos is not only focused on the immediate expansion in Southern California but also has plans to broaden its technology-based wildfire insurance offerings beyond the state. This is supported by a recent $9 million fundraising round that aims to further the company’s growth strategy, with future products including high-value home and commercial property insurance.
The expansion occurs within a larger context of a crisis in the insurance market across California, where many insurers are either scaling back or halting new business due to heightened wildfire risks. Delos provides a unique approach to risk distribution, combining advanced analytics with traditional underwriting methods to fill coverage gaps statewide.
Currently, Delos insures approximately 30,000 homes across California. Operating within the non-admitted market, the company is not backed by the state in the event of insolvency, which usually leads to higher premiums. However, Delos’s sophisticated modeling capabilities allow it to offer policies that can be competing in price with the state’s FAIR Plan, which is known for being costly and limited in coverage.
Insurance policies from Delos include broader coverage for water damage, theft, liability, and wildfires, making them more inclusive than the limited offerings of the FAIR Plan. The company predominantly distributes its policies through independent agents, who can easily become appointed with Delos, allowing for quicker access to their insurance solutions.
Delos emphasizes the importance of addressing the coverage gap problem in California, focusing on long-term insurance solutions aimed at supporting homeowners in the face of ongoing wildfire risks.
FAQ
What is the main purpose of Delos Insurance Solutions’ recent expansion?
Delos Insurance Solutions is expanding its wildfire coverage in Southern California, aiming to insure an additional 265,000 homes.
How many homes will Delos Insurance cover in total after this expansion?
Delos will cover approximately 2.5 million homes across Los Angeles, Orange, Riverside, San Bernardino, and San Diego counties.
What technology is Delos utilizing for risk assessment?
Delos is utilizing its proprietary risk modeling technology which incorporates satellite imagery and wildfire science.
What percentage of high-risk homes could be reclassified under Delos’s model?
Approximately 65% of homes classified as “high risk” by conventional models could potentially be reclassified as medium or low risk under Delos’s system.
What products does Delos plan to offer in the future?
Delos plans to expand its technology-based wildfire insurance offerings beyond California, including high-value home and commercial property insurance.
How does Delos differ from the California FAIR Plan?
Insurance policies from Delos cover water damage, theft, liability, and wildfire—broadly more inclusive than the FAIR Plan which is high-cost and limited in coverage.
| Feature | Delos Insurance | California FAIR Plan |
|---|---|---|
| Home Coverage | Broad coverage, including water damage, theft, liability, and wildfire | Limited coverage, primarily focused on fire |
| High-risk Classification | Approximately 65% of high-risk homes can be reclassified to medium or low risk | No reclassification available |
| Operational Market | Non-admitted market | State-backed market |
| Entry to Market | Policies can be sold through independent agents | Limited access with higher barriers |
| Future Growth | Plans to expand offerings beyond California | No plans for expansion outside of existing policies |
Deeper Dive: News & Info About This Topic
- Insurance Business: Delos Insurance Expands Wildfire Coverage
- Intelligent Insurer: Trusted Wildfire Science Allows Delos Insurance to Expand Coverage
- ABC10: California Company Using AI to Assess Risk for Homeowners Insurance
- Bloomberg: As California Wildfires Rage, One Insurer Taps AI for Coverage
- Wikipedia: Wildfire in California
Author: STAFF HERE MISSION VIEJO WRITER
The MISSION VIEJO STAFF WRITER represents the experienced team at HEREMissionViejo.com, your go-to source for actionable local news and information in Mission Viejo, 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 Oso Fit 5K Fun Run and Community Health Fair, Walk Against Drugs & Community Fair, and National Night Out. Our coverage extends to key organizations like the Mission Viejo Chamber of Commerce and Providence Mission Hospital Mission Viejo, plus leading businesses in retail and education that power the local economy such as The Shops at Mission Viejo, Capistrano Unified School District, and Amazon Delivery Station. As part of the broader HERE network, including HEREAnaheim.com, HEREBeverlyHills.com, HERECostaMesa.com, HERECoronado.com, HEREHollywood.com, HEREHuntingtonBeach.com, HERELongBeach.com, HERELosAngeles.com, HERESanDiego.com, and HERESantaAna.com, we provide comprehensive, credible insights into California's dynamic landscape.
