To Insure, or Not to Insure: That is the Question

According to NOAA National Centers for Environmental Information, as of July 9, 2021, there have been 8 weather or climate events with losses exceeding $1 billion dollars in the United States. And over the last 5
years, there have been an average of 16.2 $1-billion-dollar events per year. These trends amount to an uptick in the severity and prevalence of losses, which is why it is more important than ever before to make a holistic assessment of coverage options when building the risk management architecture for your assets and lifestyle.