A better way to do flood and wildfire risk ratings: Translating risk to future costs helps homebuyers and renters grasp the odds
- Written by Melanie Gall, Clinical Professor and Co-Director, Center for Emergency Management and Homeland Security, Watts College, Arizona State University
Repairing storm damage is expensive, and insurance covers less than many people realize.Sean Rayford/Getty ImagesIf you look at homes on real estate websites today, you’ll likely see risk ratings for flooding, hurricanes and even wildfires.
In theory, summarizing risk information like this should help homebuyers and renters make more...

