More than 43.5 million U.S. properties are at moderate or greater risk from hail damage, representing about $17.84 trillion in reconstruction cost value, according to Cotality’s 2026 Severe Convective Storm Risk Report released Tuesday.

The report finds that hailstorms are emerging as one of the most financially destructive natural hazards for the housing market, with potential losses now comparable to a Category 4 hurricane.

Cotality’s modeling shows that across a range of severe convective storm (SCS) scenarios — from more frequent 1-in-50-year events to rarer 1-in-500-year events — hail is the primary driver of insured losses.

In an extreme 1-in-500-year details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com