2019 Insurance Coverage Adequacy Report
Underinsurance hurts almost everyone in the property ecosystem. Diligent maintenance on reconstruction costs to ensure homeowners are adequately covered is essential, especially in areas at high risk of natural hazards.
In this report, CoreLogic analyzes at a zip code level, potential underinsurance issues in four areas of the U.S. known to be at very high to extreme risk of a natural hazard. The areas chosen for this report include storm surge risk in the Northeast Atlantic and Gulf Coasts, wildfire risk in California, and tornado risk in Oklahoma; areas of the country where a single catastrophic event could consequently bring total property loss to thousands of homes.