More than 1.2 million residential properties in 13 states acrossthe western U.S. are at high or very high risk for wildfire damage,putting the total at-risk property value at an estimated $189billion, according to a report by CoreLogic.

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Residential property information and analytics providerCoreLogic released its 2013 CoreLogic Wildfire Hazard Risk Report,which outlines statistics of residential property risk at differentgeographic levels.

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The report explores findings including states and othergeographic locations where homes are at “very high risk,” with LosAngeles being the city with the most residential properties atrisk.

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It also highlights the importance and influence of the WildlandUrban Interface in the analysis of wildfire risk. The growingpopulation of this area has led to exposure of higher wildfire-riskzones.

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“Just because your home is located within a city boundary doesnot necessarily mean you are safe from wildfire destruction ifthere is wildland vegetation nearby,” said CoreLogic's seniorhazard scientist Dr. Thomas Jeffery.

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The report was designed to provide the insurance industry, aswell as financial services companies, homeowners and other partiesimpacted by wildfires with a more comprehensive understanding ofwildfire risk.

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“Recent trends have proven that risk of wildfire damage is areal and immediate threat to many homeowners in the western U.S.,”Jeffery said. “Awareness of that risk, as it relates to homes andbusinesses is crucially important to minimizing or preventingmassive property damage.”

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