Thousands of Homes Face ‘Triple Threat’ Risks, CoreLogic Says

December 3, 2024

Thousands of homes are facing a “triple threat” of year-round extreme risk from natural disasters, according to a new report.

Across the U.S., CoreLogic reports there are 33,000 “triple-threat” single-family homes exposed to a combination of the following perils: hurricane wind, wildfire, inland flood, severe convective storm and severe winter storm.

These extreme-risk homes are spread across 20 metropolitan areas and have a current risk score greater or equal to 71 for three separate perils. The convergence of these perils—whether it’s a hurricane season followed by wildfire or inland floods heightened by winter storms—creates a relentless cycle of exposure, according to the report from CoreLogic.

Hurricane wind, wildfire, and inland flood is the most common combination of perils.

Miami has the most homes exposed to extreme levels of risk for three separate perils. The city’s exposure to hurricane winds and rising floodwaters, combined with the threat of wildfire, underscores a year-round vulnerability to natural hazards, according to CoreLogic.

Ellensburg, Washington is tied with Snyder, Texas for the highest percentage of total homes in an area that are extremely vulnerable to three types of natural catastrophes. Washington’s vulnerability demonstrates that wildfire and flood risks are reaching further north.