NCLINE VILLAGE, Nev. – The McCloud Condo Association in Incline Village, Nev., received a significant reduction in insurance premiums for a second year in a row.
The Tribune previously reported on the HOA’s 33% premium reduction and how it received the over $400,000 discount in the article titled, How an Incline Village HOA received a 33% insurance reduction amid wildfire driven increases and non-renewals.
Over the last year, the McCloud Condo Association has reinvested around half of those savings towards additional wildfire mitigation and home hardening.
Alongside those efforts, local fire districts, BurnBot, Wildfire Services Group and other mitigation partners were creating landscape-scale improvements.
The investment has resulted not only in greater premium savings but also in significantly reduced deductibles and increased coverage.
“This renewal demonstrates what’s possible when communities invest in proactive wildfire resilience,” said Amy Berry, CEO of the Tahoe Fund. “Landscape-scale forest restoration and fuels reduction outside and inside neighborhoods make our forests healthier while helping to protect communities and restore confidence among insurers. It’s exciting to see these efforts delivering measurable benefits for residents.”
Five years ago, the HOA paid around $168,000 annually for insurance. However, those prices skyrocketed following wildfires and insurance crises. By June 2025, the HOA was paying over $1.3 million for its insurance.
This second year of reductions brings McCloud’s insurance premium to approximately $414,000, representing a 69% reduction ($925,000) from its peak premium in June 2025.
This is the HOA’s second year working with RockRose Risk, an insurance brokerage that negotiates lower premiums for clients by using full site assessments that consider area fuels-reduction projects, property-level mitigations, and home hardening. RockRose Risk also provides recommended improvements that, upon completion, can result in additional discounts, which McCloud took advantage of.
“People often assume premium reductions happen because a carrier took a chance or because market conditions temporarily improved,” said Andrew Engler, co-founder and CEO of RockRose Risk. “Our work with McCloud proves that’s not what’s happening. The association committed to meaningful mitigation, reinvested in making the property safer, and insurers rewarded that progress again. This is evidence that the insurance system can work differently when carriers have accurate information about real risk.”
The two years of reductions point to a hopeful shift in how insurers price wildfire risk, steering toward competing for business based on documented risk reduction and away from declining quotes and non-renewals.
