Advanced Storm Surge Analytics enhance your coastal risk profile

More than fifty-three percent of the United States population lives in a coastal county and exposure to tropical weather systems in those areas continues to be on the increase.   Property and Casualty companies concerned about their coastal exposure have implemented a number of strategies to reduce their risk.  These strategies are often broad in nature and range from statewide new policy moratoriums, not issuing policies within a certain distance of the coastline or completely pulling out of coastal areas.

CoreLogic's Coastal Risk provides an increase in overall granularity by combining five data sets; Coastal Surge Risk, Hurricane Propensity, Coastal Water Feature and Mainland Determination, and Elevation into an easy to use and understand scoring method.  CoreLogic's Coastal Risk provides insurers a more accurate property-based methodology to understanding hazard risk information so insurers can better understand a property's coastal risk exposure for improved underwriting without resorting to broad brush exclusion strategies.

With Coastal Risk, insurers will not only improve underwriting decisions, they will be able to: reduce the potential for loss and adverse selection over traditional insurance practices, understand their potential for surge loss, and determine the potential for hurricane losses resulted from storm surge.  Coastal surge and hurricane propensity files are available for the Atlantic and Gulf coastal areas while the other data sets cover all coastal waters and the Great Lakes.

Use Coastal Risk within CATUM, CoreLogic's integrated insurance solution, to accurately locate and assess the coastal risk potential for individual properties.

• Coastal risk
• Damaging winds
• Earthquake
• Fire Stations
• Flooding
• Florida sinkholes
• Hail
• Tornadoes
• Wildfire risk
• Regulatory compliance
• Parcel boundaries