In the United States, severe weather and other natural disasters have the potential to impact nearly every community. When a home is damaged or destroyed in such events, the financial burden of repairs or reconstruction can be staggering. Each year, the team at CoreLogic conducts research on these severe weather occurrences and compiles the data into a Severe Convective Storm Report. This report plays a vital role in guiding risk management decisions across various sectors of the insurance industry, including underwriting, claims processing, and restoration services.
“CoreLogic is a global property data and analytics company, with a significant focus in the United States, especially in areas related to mortgage, real estate, and insurance,” explained Jon Schneyer, Research and Content Director, in an interview with FOX Weather. The latest analysis by CoreLogic underscores a critical shift that insurance carriers need to be aware of – a transition towards “outbreak-type” severe weather events, as opposed to prolonged periods of severe weather. Such events can lead to a sudden surge in insurance claims.
The 2025 Severe Convective Storm Risk Report provides a detailed breakdown of the hail, tornado, and straight-line wind risk by state and metropolitan area. “For potential homebuyers, it is crucial to consider the natural disaster risk associated with a property, as it directly impacts its insurability and insurance affordability,” emphasized Schneyer. “If you are looking to purchase a property in high-risk areas like coastal Florida, Texas, Georgia, North Carolina, or California for wildfires, it is essential to take proactive steps to mitigate these risks, which can ultimately lower your insurance premiums.”
While acknowledging that risk mitigation measures may come with upfront costs, Schneyer highlighted their long-term benefits. For instance, in Florida, elevating a home above the baseline elevation due to flood and hurricane risks could be a wise investment. Similarly, in regions prone to severe weather, upgrading the roof to withstand hail damage can be a smart move. These proactive measures, Schneyer noted, would reflect positively in reduced insurance premiums over time.
“Investing in risk prevention is essential for businesses, insurance providers, lenders, and consumers alike,” Schneyer emphasized. “Understanding and addressing natural disaster risks in your desired living area can save you significant costs in the future, not just in terms of repair bills but also in insurance premiums.” Homeowners or prospective buyers who are informed about potential risks and take preventive actions can expedite recovery efforts in the event of a disaster.
