L.A. wildfire victims face financial anxiety amid recovery: 'The uncertainty is very unsettling'

cnbc.com:

Alicia Kalvin awoke the morning of Jan. 7 to an urgent text from a friend: «There's a fire on your street.» She hurried outside, alarmed to see red skies and low-flying planes dumping water.

«I have to get out of here,» thought Kalvin, 53, who lives in the Pacific Palisades of Los Angeles.

Back inside, she glanced out the bathroom window and saw a hellish scene unfolding. It was a neighbor's house engulfed in flames, embers spewing into her own yard.

Kalvin frantically threw on clothing. She grabbed her purse, her dog, a can of dog food and her mother's ashes before fleeing her childhood home. She didn't get an evacuation warning.

Flames licked the hills of the Los Angeles enclave as Kalvin drove away. She says she's had nightmares ever since.

Three days later, she returned to the area with a police escort.

«I promised myself I wouldn't look, but of course I looked,» said Kalvin. «It looks like 10 nuclear bombs went off. The whole neighborhood was just leveled — markets, churches, schools. It looked like a war zone.»

In one sense, Kalvin is lucky because her home, somehow, is still standing.

But questions about her financial future abound — as they do for thousands of L.A. residents whose lives were upended by the recent wildfires.

There's significant damage to Kalvin's home. Some sections of the exterior, including the roof, are scorched; the landscaping and artificial lawn are destroyed; the interior smells of smoke; and ash, blown in through broken windows, blankets the hallways, Kalvin said.

She's trying to untangle what her home insurance policy — the California FAIR plan, the state's insurer of last resort, which steps in when residents can't obtain coverage elsewhere — might cover.

«I'm very concerned at how much