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Flood and wildfire risks: Translating risk ratings into future costs can help homebuyers and renters grasp the odds – and act on them

  • Written by Melanie Gall, Clinical Professor and Co-Director, Center for Emergency Management and Homeland Security, Watts College, Arizona State University
Flood and wildfire risks: Translating risk ratings into future costs can help homebuyers and renters grasp the odds – and act on themRepairing storm damage is expensive, and insurance covers less than many people realize.Sean Rayford/Getty Images

If 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...

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