Billion-dollar wildfires are driving insurers out of California, leaving homeowners exposed just as fire risk climbs and disasters get bigger. The stakes go beyond who pays after a house burns down - it's about whether we can keep living in the places we love at all.
Dan Preston, CEO of Stand Insurance, thinks the industry has it backwards. Instead of insuring homes and waiting for them to burn, Stand uses 3D modeling to find the exact points where a house is most likely to fail, without sacrificing the character and aesthetics homeowners want to protect.
In this episode of Disasterproof, we visit a Stand-insured home in California to see fire-resilient design up close, and sit down with Dan to talk about turning insurance from a payout after disaster into the thing that prevents it. We also dive into Stand's expansion into hurricane country, and what it would take to build a world with less need for insurance.
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Chapters:
0:00 The wildfire crisis and California's housing crisis are intertwined
6:41 The most proximate stakeholder in climate resilience
10:00 What causes a house to burn down?
11:05 Wine country: Ground zero for California wildfire risk
11:40 Building a defensible space
15:16 Disaster resilience isn't one-size-fits-all
18:30 Modeling wildfire before it happens
19:29 Fencing, aesthetics, and the real cost of fire resilience
22:47 Tackling $100 billion disasters in Florida
25:29 The future of insurtech
32:13 Fire-safe gutters, vents, and defensible landscaping
36:00 From predicting disasters to preventing them