Nationwide survey: Building resilience against severe weather
As the frequency of severe weather events continues to rise, concerns about property vulnerability are echoing across the nation. A recent Nationwide Agency Forward survey sheds light on the profound impact of natural disasters on structures, emphasizing the pressing need for resilient buildings. It’s more than just a statistical representation – the numbers represent the stories of property owners grappling with damages and the associated financial strains. These stats and stories reinforce the importance of building resilience in the face of an increasingly unpredictable climate.
Nationwide’s survey results reveal a shared sentiment of concern among property stakeholders about the risk of severe weather and natural disasters. This collective concern is further validated by the fact that over one-third of property owners have recently experienced damage from these events. There is often a swift recovery from such incidents, however the financial toll can be immense.
Amidst the challenges, there is a glimmer of hope and a shared willingness to act. Property stakeholders across the country express not only a desire for greater resiliency but also a readiness to invest in achieving it. The survey findings indicate that many property stakeholders are willing to spend more to enhance their structures’ ability to withstand the impact of severe weather. This emerging trend emphasizes the importance of fostering a community-driven approach to advocate for change and support stronger building codes.