Market
How many structures will LA wildfires destroy by March 31, 2025?
3
Los Angeles County•Palisades Fire•Eaton Fire•Santa Monica•Malibu•Jonathan Porter•AccuWeather•California•Hollywood•Biden•Italy
Resolution / Starting Odds
1,000 to 1,500 • 25%
1,501 to 2,000 • 25%
2,001 to 2,500 • 25%
More than 2,500 • 25%
Reports from Los Angeles County emergency services or official California state reports
Story
Los Angeles Wildfires Cause $52 to $57 Billion in Damages, 5 Deaths, and Evacuation of 130,000
Jan 9, 2025, 02:24 PM
The wildfires raging across Los Angeles County, including the Palisades Fire and the Eaton Fire, are projected to be the costliest in U.S. history, with preliminary estimates from AccuWeather Inc. suggesting economic losses and damages ranging from $52 billion to $57 billion. The fires, which have already claimed five lives and destroyed over 1,000 structures, are impacting areas from Santa Monica to Malibu, where median home values exceed $2 million. Jonathan Porter, AccuWeather's chief meteorologist, stated that if the fires continue to spread and burn additional structures, they could become the worst in modern California history in terms of economic loss and structures destroyed. The disaster has led to the evacuation of approximately 130,000 people and has disrupted numerous events, including Hollywood activities and school operations. President Biden canceled a planned trip to Italy to oversee the response to the wildfires.
View original story
Similar markets
More than 14,000 • 25%
Less than 12,500 • 25%
12,500 to 13,000 • 25%
13,001 to 14,000 • 25%
10,000 to 15,000 • 25%
Less than 10,000 • 25%
15,001 to 20,000 • 25%
More than 20,000 • 25%
15,000 to 20,000 • 25%
Less than 15,000 • 25%
More than 25,000 • 25%
20,001 to 25,000 • 25%
20,001 to 25,000 • 25%
Less than 15,000 • 25%
More than 25,000 • 25%
15,000 to 20,000 • 25%
10,000 to 15,000 • 25%
Less than 10,000 • 25%
More than 20,000 • 25%
15,001 to 20,000 • 25%
10,000-15,000 • 25%
15,001-20,000 • 25%
20,001-25,000 • 25%
More than 25,000 • 25%
More than 2,500 • 25%
Less than 1,500 • 25%
1,500 to 2,000 • 25%
2,000 to 2,500 • 25%
More than 25,000 • 25%
20,001 to 25,000 • 25%
15,000 to 20,000 • 25%
Less than 15,000 • 25%
1,000 - 1,500 • 25%
More than 2,500 • 25%
2,001 - 2,500 • 25%
1,501 - 2,000 • 25%
Less than 500 homes • 25%
More than 2,000 homes • 25%
1,000 to 2,000 homes • 25%
500 to 1,000 homes • 25%
Less than 10,000 • 25%
More than 20,000 • 25%
15,001 to 20,000 • 25%
10,000 to 15,000 • 25%