Take the Guess-work out of Wildfire Risk Management and Establish Better Wildfire Policy Premiums without Extensive On-site Visits
Wildfire is a natural hazard that isn’t always the result of a natural occurrence. A single misplaced cigarette can wipe out entire communities—and also the health of a portfolio. As our growing population continues to expand development into high risk vegetation areas of wildland urban sectors, property and casualty portfolios are becoming more exposed to wildfire risk.
Previously, many insurers conducted expensive and time-consuming on-site visits to determine a property’s risk of wildfire. Usually, our customers can determine pricing models for wildfire risk without ever leaving the office. Are you ready to take the guess-work out your wildfire risk management?
Wildfire property risk layers from CoreLogic can be delivered according to your business needs—and most recently include an easy and affordable desktop option which gives even smaller companies the ability to manage their book of business’ wildfire risk and more accurately price individual policies.
CoreLogic enables a more accurate assessment of a property's risk of wildfire by:
- Scoring the wildfire risk—0 to 100—based on a property’s distance to high risk vegetation
- Accurately identifying the structure’s proximity to high risk vegetation, the WUI, and the surrounding area’s residential density class—without expensive on-site visits
- Ranking—on a scale from very high to low—the risk of brushfire based upon landscape factors such as slope, aspect, vegetation (fuel) and surface composition. This means you can more accurately price individual policies
