California, October 27, 2025
News Summary
Delos Insurance Solutions is set to extend its wildfire insurance coverage to an additional 265,000 homes across five counties in California. This expansion brings its total coverage to 2.5 million homes, utilizing advanced risk modeling technology to assess wildfire threats. Founded by aerospace engineers, Delos aims to address the gaps left by traditional insurers. By potentially reclassifying homes previously deemed ‘high risk,’ Delos offers a more affordable alternative in the state’s insurance market, which has seen insurers scaling back due to rising wildfire risks.
California is witnessing an expansion in wildfire insurance coverage as Delos Insurance Solutions announces its intention to extend its services across five counties, encompassing an additional 265,000 homes. This strategic move will increase Delos’s coverage footprint to approximately 2.5 million homes in Los Angeles, Orange, Riverside, San Bernardino, and San Diego counties.
Delos’s expansion is made possible through advancements in its proprietary risk modeling technology, which utilizes satellite imagery and cutting-edge wildfire science to accurately assess risks associated with wildfire threats. Founded in 2017 by aerospace engineers, Delos aims to fill the gaps left by traditional insurers that have withdrawn from high-risk areas due to increasing wildfire exposure.
The company employs a technology-driven approach to underwriting that evaluates individual property-level risks. This enables Delos to offer primary, secondary, and seasonal home policies while integrating effective mitigation strategies. Notably, Delos’s wildfire risk model has demonstrated a strong track record, accurately predicting the impacts of all major California fires over the past seven years.
Furthermore, Delos is continuously improving its data analysis capabilities, including the integration of detailed wind data and evaluations of suppression efficacy, thereby further expanding its insurable footprint. Under Delos’s model, approximately 65% of homes previously classified as “high risk” by conventional models could be recategorized as medium or low risk, potentially offering price relief to homeowners facing escalating insurance premiums.
The upgraded risk model considers the potential for urban conflagration, thereby providing a more comprehensive perspective on how fire spreads in developed areas. In addition, Delos plans to introduce technology-based wildfire insurance offerings beyond California, fueled by a $9 million fundraising effort planned for late 2024. Future offerings will encompass insurance for high-value homes and commercial properties, aligning with Delos’s aggressive growth strategy.
This expansion coincides with a critical period in California’s insurance market, where numerous insurers are scaling back or pausing new business initiatives due to concerns over wildfire risks. Delos presents an alternative to traditional methods of risk distribution, merging advanced analytics with established underwriting practices to tackle coverage gaps throughout the state.
Currently, Delos insures approximately 30,000 homes across California and operates within the non-admitted market. This means it doesn’t have state backing in cases of insolvency, often resulting in higher premiums. However, the sophisticated modeling employed by Delos allows the company to mitigate steep price swings, making its policies potentially more affordable compared to the state’s FAIR Plan, which is known for being high-cost and limited in coverage. Delos insurance policies also cover water damage, theft, liability, and wildfire, offering broader protection than available through the FAIR Plan.
The company sells its policies primarily through independent agents, who can quickly become appointed with Delos. With a focus on solving the coverage gap issue in California, Delos Insurance Solutions is dedicated to delivering sustainable insurance options for homeowners in the region.
Frequently Asked Questions
1. What is Delos Insurance Solutions doing in California?
Delos Insurance Solutions is expanding its wildfire coverage across five Southern California counties, adding 265,000 homes to its portfolio.
2. How many homes does Delos currently cover in California?
Currently, Delos insures approximately 30,000 homes across California.
3. What technology does Delos use for its underwriting?
Delos employs proprietary risk modeling technology that uses satellite imagery and wildfire science to assess risks associated with properties.
4. Can homes previously classified as high risk under conventional models be reclassified under Delos’s system?
Yes, approximately 65% of homes classified as “high risk” by conventional models could potentially be reclassified as medium or low risk under Delos’s system.
5. What is the FAIR Plan?
The FAIR Plan is California’s state-backed insurance option that is high-cost and limited in coverage compared to Delos’s offerings.
| Feature | Delos Insurance | FAIR Plan |
|---|---|---|
| Coverage Area | Expands to include 265,000 additional homes in Southern California | Limited coverage across California |
| Home Protection | Covers water damage, theft, liability, and wildfire | Minimal coverage options available |
| Risk Assessment | Utilizes proprietary risk modeling technology | Conventional risk classification methods |
| Premiums | Potentially more affordable due to sophisticated modeling | High-cost with limited options |
Deeper Dive: News & Info About This Topic
- Insurance Business: Delos Insurance Expands Wildfire Coverage
- Wikipedia: Wildfire
- Intelligent Insurer: Trusted Wildfire Science
- Google Search: Delos Insurance wildfire coverage
- ABC10: California Company Using AI
- Encyclopedia Britannica: Wildfire
- Carrier Management: Wildfire Insurance Insights
- Google News: Wildfire Insurance California
- Claims Journal: National Wildfire Insurance News
Author: STAFF HERE CORONADO
The Coronado Staff Writer represents the experienced team at HERECoronado.com, your go-to source for actionable local news and information in Coronado, San Diego 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 the Coronado Island Film Festival, productions at Lamb’s Players Theatre, community workshops at John D. Spreckels Center, and iconic celebrations at Hotel del Coronado. Our coverage extends to key organizations like the Coronado Chamber of Commerce and Visit Coronado, plus leading businesses in hospitality, dining, and tourism that drive the local economy. As part of the broader HERE network, including HERESanDiego.com, HEREHuntingtonBeach.com, HERELongBeach.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
