Understanding the Risks of Wood Roofs: What Insurance Carriers Need you to Know! In this blog post, we'll examine the reasons behind these concerns and what homeowners can do to mitigate the risks.
The climate-risk research firm First Street Foundation last year estimated that 39 million US homes — nearly half of all single-family homes in the country — are underinsured against natural disasters, including 6.8 million relying on state-backed insurers of last resort.
Utah homeowners have seen their home insurance rates increase by about 20%, ranking third in the country behind Texas and Arizona, according to a study by S&P.