The Palisades and Eaton fires continue to burn in California – already ranking as some of the most destructive in the state’s history. The fires have killed at least 24 people, put millions at risk for unhealthy air quality and some estimates for the damages are in the billions of dollars.

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.