Disaster Zone

Investment in Mitigation Pays, 6 to 1

New 2017 report highlights that investment in mitigation pays.

by Eric Holdeman / January 17, 2018

Claire Rubin shared the latest report from National Institute of Building Sciences, see Natural Hazard Mitigation Saves: 2017 Interim Report. The return on investment documented in the report betters the older formula that I've seen quoted for many years of 1 to 4. 

This being that for every dollar invested in mitigation you save six dollars in prevented damages. 

Another technique to save on natural hazard damages is to not build where a hazard exists! But, silly me, why would we do that?