The Wildfire Risk Landscape is Evolving
As rising global temperatures continue to contribute to increasingly hazardous wildfire seasons, it is more important than ever for homeowners, insurers, and governments to understand the risk these hazards pose to their communities. With the U.S. population increasing and residential development extending farther from metro areas, more homes and businesses will face the threat of wildfires.
The 2022 CoreLogic Wildfire Risk Report covers:
- How drought conditions exacerbate wildfire risk
- Number of single-family residences at risk to wildfire by state, with a focus on counties in Colorado and New Mexico
- The evolution of wildfire insurance regulation
The wildfire activity in the last 5 years has highlighted the fragility of our communities to the devastation caused by wildfires. No one can predict what the future may bring, but with the knowledge of risk, tools to combat challenges ahead and grit to work together, communities can pave a path towards a safer tomorrow.