Top
image credit: Pxhere

Homeowners view extreme weather as a growing threat, survey finds

November 2, 2022

Homeowners in hurricane-prone coastal states and around the US believe severe weather is increasing and that their property is at growing risk from weather events, a new survey by the National Association of Mutual Insurance Companies (NAMIC) has found.

However, the survey also found that, for the most part, US homeowners aren’t confident in how to better protect their properties or the role insurance plays in that protection.

The national survey of homeowners, conducted well before Hurricane Ian, revealed that 78% of respondents believe extreme weather is increasing where they live, and 71% fear their homes will be damaged by extreme weather or a natural disaster in the next three years.

Read More on Reinsurance News