The bill S. 4969, known as the “Wildfire Insurance Coverage Study Act of 2024,” directs the Government Accountability Office (GAO) to study how insurance covers damages from wildfires in the U.S. The study will look at wildfire risks, current insurance coverage for homeowners...
Simple Explanation
The bill asks a group called the Government Accountability Office to look into how well insurance covers the damage when wildfires happen, seeing if people are paying too much or if it’s hard for them to get help, and to report back what they learn in two years.