Wildfire Risk Analytics
The growing scope and severity of wildfire risk call for practical, innovative tools to help insurers manage their exposure.
4.5 million U.S. properties are at high to extreme risk for wildfire, according to Verisk estimates.
FireLine® provides property-specific hazard scores based on the risk factors of fuel, slope, and access, and identifies risks exposed to wind-borne embers. Additional available insights include community-level mitigation information and historical wildfire activity.
Managing wildfire risk has grown rapidly as a priority for insurers operating in states exposed to this peril. Recent record-breaking events has pushed wildfire toward the center of the industry’s attention.
Wildfire risk is on a rising long-term trajectory, and it takes diverse, high-quality data to take a scientifically sound measure of the threat.
FireLine is extensively validated with post-event wildfire data. The tool is frequently updated to better reflect the latest risk landscape, drawing on our deep expertise in the science of wildfire trends and behavior.
Verisk’s wildfire risk analysis determines the number and percentage of properties at high and extreme risk from wildfire in the 13 most wildfire-prone states and two Canadian provinces.*
*AB, AZ, BC, CA, CO, ID, MT, NV, NM, OK, OR, TX, UT, WA, and WY
Verisk works in concert with community-level mitigation programs to track participation. And we’re using aerial imagery to study the levels of adoption and effectiveness of property-level mitigation efforts such as maintaining defensible space around structures.
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Wildfires on the west coast have burned more than 5 million acres in 2020, renewing discussion in climate change's role in this growing peril.Read the article
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