Hail damage represents a considerable threat to homes, impacting roofs, windows, and siding, with 2024 projections indicating over 567,000 homes affected and $160 billion in reconstruction costs. Insurers are preoccupied with rising storm risks, which justifies premium increases amidst trends of denying or undercompensating valid claims, leaving homeowners in distress. For 2025, more than 41 million homes across the U.S. are at risk of significant hail storms, particularly in the Midwest and Texas, prompting concerns about overwhelming financial ramifications for both property owners and insurance companies.
"In 2024, CoreLogic estimated that damaging hail fell on more than 567,000 single- and multi-family homes in the contiguous U.S., with a combined approximate reconstruction cost value (RCV) of $160 billion."
"For 2025, CoreLogic's Hailstorm Risk Score estimates over 41 million homes face moderate or greater risk of hailstorms producing one inch or greater, equating to an estimated RCV of $13.4 trillion."
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