In Part 2 of this episode, host Maiclaire Bolton Smith continues the conversation with CoreLogic’s director of Insurance Market Strategy for Hazard and Risk Management about how insurers will need to access big data to effectively translate homeowner wildfire mitigation efforts into insurance discounts.
Catch up on Part 1 here.
Find full episodes with these guests in our podcast archive here: https://clgx.co/3zqhBZt
In This Episode:
- 1:21 – what exactly is the difference between a risk score and a CAT model?
- 3:15 – A brief primer on rate filings
- 3:41 – How do homeowners benefit from wildfire risk scores in their policies?
- 8:46 – What is the cost of providing transparency to homeowners?
- 9:43 – How can we be more resilient to natural hazards?
Beyond the Buildings