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Homeowners and insurers alike are struggling with the affects of increasingly damaging natural disasters hitting the United States, and it's no secret that some areas of the country have been less affected than others.
In an attempt to figure out the safest places to live in the U.S. when it comes to natural disaster risk, CoreLogic released a study that delves into reconstruction cost value-weighted composite risk scores (CRS) on a county level. The CRS scores risk on a scale of 1 to 100, and represents the sum of the average annual loss (AAL) relative to the calculated reconstruction cost value (RCV). These scores consider both environmental risks and data describing the physical characteristics of homes in these areas.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
