Weather Risk

No single event accounted for a majority of the losses seen during the past year, but disasters were seen across the country.

The United States experienced 18 NAT CAT events in 2022 with losses over $1 billion each, according to the NOAA.

The losses are more than triple those from December blizzards in Buffalo, New York.

The good news is, there are options for homeowners struggling to find satisfactory insurance.

According to a recent report from Munich Re, around $120 billion of the natural disaster losses in 2022 were insured.

The beginning of the year is a great time to review your homeowners coverage so you aren't left underinsured if you encounter one of these common claims.