Combined property damage from California’s 2018 Camp and Woolsey Wildfires is estimated as of November 27 to possibly reach $19 billion, according to Irvine, California-based CoreLogic, a provider of global property data and analytics.
The Camp and Woolsey Fires, and several others in the state, all ignited on the same day, Thursday, Nov. 8.
Fire damage estimates include both insured and uninsured properties, although since standard homeowner’s policies typically cover fire damage, the majority of homeowners would be expected to be insured.
Northern California’s Camp Fire was the deadliest and most destructive wildfire in California history, and the sixth deadliest in U.S. history, with 85 civilian fatalities and 11 people missing as of December 3.
Total structural losses from the Camp Fire are estimated at $11-13 billion, according to CoreLogic. A total of 18,804 structures were destroyed, including single and multi-family dwellings, mobile homes, commercial structures and assorted minor structures, while an additional 669 structures were damaged. Residential losses represent the majority of structural damage, estimated between $8 billion and $9 billion, while commercial losses are believed to total between $3 billion to $4 billion.
The Camp Fire is named for Camp Creek Road in Butte County, California. It took 17 days for firefighters to finally fully contain the fire on November 25.
Southern California’s Woolsey Fire burned 96,949 acres in Los Angeles and Ventura Counties and took 19 days to contain. It took three lives and destroyed 1,643 structures, mostly homes. CoreLogic estimates the residential damage at $11.5 billion to $14.5 billion, while the commercial real estate losses are estimated to be less than a half-billion.
The Woolsey Fire is named for Woolsey Canyon, where it started. The canyon is located above the Simi Valley near the border between Los Angeles and Ventura Counties.