Report: Wildfires Pose Risk to Quarter-Million Western U.S. Homes

Monday, September 10th, 2012 Catastrophe Property

More than three-quarters of a million homes in the Western U.S. have a high of wildfire damage, according to a report released by Santa Ana, Calif.-based CoreLogic. CoreLogic’s Wildfire Hazard Risk Report identifies more than 740,000 residences across 13 states in the Western U.S. with high levels of risk for wildfire damage. Those homes represent a combined property value of more than $136 billion. Nearly 168,000 homes fall into the “very high risk” category, with a projected aggregated value of more than $32 billion, the report states.

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