Extreme Weather + Natural Catastrophe Risk Management
FACT: We have had 393 earthquakes in the San Francisco Bay Area in the last 12 months.
(Source: https://earthquaketrack.com/v/sf/recent).
Extreme weather like the recent hurricanes and flooding in Houston and Florida, the earthquakes in Las Angeles and Mexico City, and fires throughout Los Angeles, Washington and Oregon will get increasingly common according to new scientific research.
As someone who owns properties in five cities across three states, I’m thinking more and more about extreme weather and how to manage this risk.
Do you have property in areas that have experience extreme weather? If so, please tell me about your experience.
Do you have any tips for the rest of us who have considered or currently owned properties in areas where extreme weather is likely?
What did you learn? What would you do differently? Are you still buying in this area? Why or why not?