Repair Costs Slow Down in California | San Jose News

Repair costs in California’s wildfire-hit areas are finally cooling after years of steep hikes—up just 3% this year, down from 7% the year before. After a pandemic-driven surge and a perfect storm of disasters, homeowners are breathing a little easier as the pace of price increases slows, though costs remain 53% higher than in 2019. Across the state, repair prices rose 3% overall, a significant drop from previous years—but still a 50% climb since 2019. For now, it’s a small reprieve for wallets and insurance rates. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3eac57fbdf612b5a