Natural disasters, such as wildfires and coastal flooding, raise questions about what insurance will cover (and what it won’t).

The homeowners insurance market totals some $15 trillion, with prices up 74% since the Great Recession after adjusting for inflation, per a Harvard study.

A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.