Current Table

Homeowners Insurance Losses By Cause, 2011-2015 (1)

(Percent of losses incurred)

Cause of loss 2011 2012 2013 2014 2015
Property damage (2) 96.9% 96.7% 95.3% 96.2% 97.1%
  Fire and lightning  18.3 22.9 28.2 24.1 23.8
  Wind and hail 45.7 48.8 30.5 28.7 20.3
  Water damage and freezing 22.0 17.5 26.7 33.4 45.1
  Theft 2.4 2.9 3.4 2.4 1.8
  All other property damage (3) 8.6 4.5 6.5 7.6 6.1
Liability (4) 3.1% 3.3% 4.7% 3.8% 2.9%
  Bodily injury and property damage 2.9 3.2 4.4 3.6 2.7
  Medical payments and other 0.1 0.2 0.2 0.2 0.2
Credit card and other (5) (6) (6) (6) (6) (6)
Total 100.0% 100.0% 100.0% 100.0% 100.0%

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5). Excludes tenants and condominium owners policies. Excludes Arkansas and Texas.
(2) First party, i.e., covers damage to policyholder's own property.
(3) Includes vandalism and malicious mischief.
(4) Payments to others for which policyholder is responsible.
(5) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.
(6) Less than 0.1 percent

Source: ISO®, a Verisk Analytics® business.

 
HOMEOWNERS INSURANCE LOSSES BY CAUSE, 2003-2007 (1)

(Percent of losses incurred)

Cause of loss 2003 2004 2005 2006 2007
Property damage          
Fire, lightning and debris removal 31.74% 20.50% 23.04% 33.16% 42.07%
Wind and hail 25.32 50.07 46.56 29.04 17.43
Water damage and freezing 21.06 15.31 15.52 18.80 22.35
Theft 3.21 2.15 2.39 3.50 3.52
All other property damage (2) 11.74 6.94 7.30 9.37 9.32
Liability          
Bodily injury and property damage 6.35 4.62 4.70 5.36 4.46
Medical payments and other 0.57 0.41 0.49 0.76 0.85
Credit card and other (3) (4) (4) (4) (4) (4)

(1) For homeowners multiple peril policies.  Excludes tenants and condominium owners policies.
(2) Includes vandalism and malicious mischief.
(3) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.
(4) Less than 0.01 percent.

Source: ISO.

 
HOMEOWNERS INSURANCE LOSSES BY CAUSE, 2004-2008 (1)

(Percent of losses incurred)

Cause of loss 2004 2005 2006 2007 2008
Property damage          
Fire, lightning and debris removal 20.29% 22.61% 33.06% 40.58% 30.55%
Wind and hail 51.51 48.09 28.69 18.56 34.11
Water damage and freezing 14.71 14.78 18.86 22.67 20.89
Theft 2.05 2.30 3.44 3.42 3.22
All other property damage (2) 6.62 7.00 9.31 8.53 6.98
Liability          
Bodily injury and property damage 4.01 4.35 5.33 4.67 2.82
Medical payments and other 0.17 0.19 0.30 0.28 0.23
Credit card and other (3) 0.63 0.67 1.01 1.30 1.19

(1) For homeowners multiple peril policies. Excludes tenants and condominium owners policies.
(2) Includes vandalism and malicious mischief.
(3) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.

Source: ISO.

 
HOMEOWNERS INSURANCE LOSSES BY CAUSE, 2005-2009 (1)

(Percent of losses incurred)

Cause of loss 2005 2006 2007 2008 2009
Property damage 94.95% 93.17% 93.07% 94.97% 95.70%
Fire, lightning and debris removal 22.01% 32.80% 39.22% 29.05% 29.22%
Wind and hail 49.10 28.64 18.71 34.59 31.31
Water damage and freezing 14.60 18.90 23.00 20.90 23.70
Theft 2.27 3.47 3.45 3.15 3.36
All other property damage (2) 6.97 9.37 8.74 7.25 8.11
Liability 5.06 6.83 6.93 5.04 4.29
Bodily injury and property damage 4.29 5.57 5.42 3.64 2.86
Medical payments and other 0.18 0.29 0.25 0.22 0.23
Credit card and other (3) 0.59 0.97 1.26 1.18 1.20
Total (4) 100.00 100.00 100.00 100.00 100.00

(1) For homeowners multiple peril policies. Excludes tenants and condominium owners policies.
(2) Includes vandalism and malicious mischief.
(3) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.
(4) May not add up to 100 due to rounding.

Source: ISO, a Verisk Analytics company.

 
HOMEOWNERS INSURANCE LOSSES BY CAUSE, 2006-2010 (1)

(Percent of losses incurred)

Cause of loss 2006 2007 2008 2009 2010
Property damage 93.12% 93.01% 94.93% 95.44% 96.74%
Fire, lightning and debris removal 32.33 38.77 28.05 27.86 27.42
Wind and hail 28.51 17.61 33.60 30.82 33.54
Water damage and freezing 19.74 24.03 22.31 24.72 22.31
Theft 3.33 3.37 3.06 3.30 3.15
All other property damage (2) 9.20 9.23 7.91 8.74 10.31
Liability 6.80% 6.92% 4.99% 4.47% 3.16%
Bodily injury and property damage 6.55 6.69 4.79 4.22 2.95
Medical payments and other 0.25 0.23 0.20 0.25 0.22
Credit card and other (3) 0.08% 0.07% 0.08% 0.09% 0.09%
Total
100.00% 100.00% 100.00% 100.00% 100.00%

(1) For homeowners multiple peril policies. Excludes tenants and condominium owners policies.
(2) Includes vandalism and malicious mischief.
(3) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.

Source: ISO, a Verisk Analytics company.

 
HOMEOWNERS INSURANCE LOSSES BY CAUSE, 2008-2012 (1)

(Percent of losses incurred)

Cause of loss 2008 2009 2010 2011 2012
Property damage (2) 94.9% 95.0% 95.4% 97.2% 97.6%
Fire, lightning and debris removal 27.5 27.2 25.5 19.0 25.2
Wind and hail 35.1 31.7 35.6 46.0 47.2
Water damage and freezing 20.6 24.4 21.3 21.7 17.5
Theft 3.0 3.3 3.1 2.4 3.0
All other (3) 8.7 8.5 9.9 8.3 4.7
Liability (4) 5.1% 5.0% 4.6% 2.8% 2.4%
Bodily injury and property damage 4.9 4.8 4.4 2.6 2.3
Medical payments and other 0.2 0.2 0.2 0.2 0.2
Credit card and other (5) (6) (6) (6) (6) (6)
Total 100.0% 100.0% 100.0% 100.0% 100.0%

(1) For homeowners multiple peril policies. Excludes tenants and condominium owners policies.
(2) First party, i.e., covers damage to policyholder's own property.
(3) Includes vandalism and malicious mischief.
(4) Payments to others for which policyholder is responsible.
(5) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and miscellaneous losses.
(6) Less than 0.1 percent.

Source: ISO®, a Verisk Analytics® company.

 
HOMEOWNERS INSURANCE LOSSES BY CAUSE, 2009-2013 (1)

(Percent of losses incurred)

Cause of loss 2009 2010 2011 2012 2013
Property damage (2) 95.1% 95.2% 97.0% 97.1% 97.0%
Fire and lightning 27.0 25.2 18.5 23.6 30.5
Wind and hail 32.1 35.8 46.3 49.0 29.9
Water damage and freezing 24.4 21.2 21.6 17.0 26.4
Theft 3.3 3.1 2.3 2.9 3.4
All other property damage (3) 8.2 9.9 8.3 4.6 6.8
Liability (4) 4.9% 4.8% 3.0% 2.9% 3.0%
Bodily injury and property damage 4.7 4.7 2.8 2.6 2.7
Medical payments and other 0.2 0.2 0.2 0.2 0.3
Credit card and other (5) (6) (6) (6) (6) (6)
Total 100.0% 100.0% 100.0% 100.0% 100.0%

(1) For homeowners multiple peril policies. Excludes tenants and condominium owners policies. Excludes Alaska and Texas.
(2) First party, i.e., covers damage to policyholder's own property.
(3) Includes vandalism and malicious mischief.
(4) Payments to others for which policyholder is responsible.
(5) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.
(6) Less than 0.1 percent.

Source: ISO, a Verisk Analytics company.

 
Homeowners Insurance Losses By Cause, 2010-2014 (1)

(Percent of losses incurred)

Cause of loss 2010 2011 2012 2013 2014
Property damage (2) 95.2% 97.0% 96.7% 95.9% 97.3%
Fire and lightning  25.0  18.4 23.3 29.2 25.9
Wind and hail 36.1 46.6 49.1 30.8 27.3
Water damage and freezing 21.1 21.4 16.9 25.9 33.7
Theft 3.1 2.3 2.9 3.4 2.5
All other property damage (3) 9.9 8.3 4.5 6.6 7.9
Liability (4) 4.8% 3.0% 3.3% 4.1% 2.7%
Bodily injury and property damage 4.7 2.9 3.1 3.8 2.5
Medical payments and other 0.2 0.1 0.2 0.3 0.2
Credit card and other (5) (6) (6) (6) (6) (6)
Total 100.0% 100.0% 100.0% 100.0% 100.0%

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5). Excludes tenants and condominium owners policies. Excludes Arkansas and Texas.
(2) First party, i.e., covers damage to policyholder's own property.
(3) Includes vandalism and malicious mischief.
(4) Payments to others for which policyholder is responsible.
(5) Includes coverage for unauthorized use of various cards, forgery, counterfeit money and losses not otherwise classified.
(6) Less than 0.1 percent.

Source: ISO®, a Verisk Analytics® business.