When Response Time Doesn’t Cut it
Thirty years ago, you had 17 minutes to get out of a house once it caught fire. Today, you have just three minutes. The proliferation of petroleum-based carpets, drapes, furniture foams, and plastic piping and hoses in homes and commercial buildings is largely to blame. This, combined with recent changes in construction – including manufactured trusses and other construction methods – means fire easily spreads from room to room, causing structures to burn far faster. Once a fire spreads, the fire department simply can’t get to the fire fast enough to limit the losses. Response time simply isn’t as predictive of fire losses as it once was. What is most predictive of fire losses today: knowing the likelihood of a fire starting in the first place.
Predicting Fire Frequency is Key
From heating, mechanical, and electrical system failures to cooking mishaps, approximately over three-quarters of structure fires are caused by a diversity of non-weather risks. These risks create multiple pathways leading to structure fire incidences and include complex interactions. Built from a vast proprietary database, CoreLogic FireRisk™ looks at the disparate causes of fire damage and their complex interactions to predict the probability and severity of loss from fire not caused by Mother Nature — for any address nationwide.
Features and Benefits
Evaluate non-weather fire risk for a specific property or aggregate risk at a portfolio level.
High-resolution, block-level granularity: 300x the detail of average ZIP Code
Over 11 million geospatial points of risk
Seamless U.S. coverage
Easy-to-use numeric scoring
Structural Risk and Valuations
Rather than rely on a standard industry percentage, get detailed intelligence on the structural risk and value of properties in your portfolio to ensure that your clients are not over or under-insured.learn more
Natural Hazard and Catastrophe
Assess your market position by accessing reports and data that give you a complete view of the risk to your portfolio.learn more
Roof Condition Solutions
CoreLogic offers tools to help you assess the roof conditions of prospective clients from your desktop.learn more