New Ways to Assess & Score Wildfire Risk
Each year seems to see more costly wildfires. Learn how you can properly identify and assess risk when writing policies.
While wildfire is not the most common peril insurers deal with, it remains the costliest disaster on a per-claim basis and losses from wildfires in recent years have soared into the multiple billions of dollars. Accurately quantifying the risk to a property from wildfire can help prevent an insurer from writing risky policies that are most likely to file an expensive wildfire claim.
Download this whitepaper now to get a better understanding of all the factors involved in wildfire risk and how you can more easily and correctly score this risk. You’ll learn:
- Why the human component of wildfires should be accounted for in models
- Reasons why topography is a huge issue
- Why many common approaches for natural hazards don’t apply
Wildfires will continue to be a big part of your claims moving forward – discover how to gauge the risk and write better policies now.
