I've include the full news release below. I do have to say that I entered three property addresses into their system here in Washington state and none were recognized. Hmm, maybe an early glitch? Hopefully they get any of those figured out quickly. Watch for a potential Disaster Zone Podcast on the topic/website.
OK, let's talk about the house I just purchased four days ago. What are the risks?
- Multiple earthquake faults, including the Cascadia Subduction Fault.
- Mt. Rainier erupting. It is a volcano you know (more likely to be some ashfall). And, depending on the eruption, it could significantly ruin any movement on I-5 going north of where I live.
- Flooding: Nope, nothing around me and on high ground.
- Winter storms and power outages.
I've added earthquake insurance to the normal property insurance and also sewer backup (that is really cheap and one never knows).
Take time to day and think about your own situation and what you can do to be better informed about the risks.
PRESS RELEASE
New York, Nov 16th, 2023, FOR IMMEDIATE RELEASE
Augurisk, a groundbreaking risk assessment platform, today announced the launch of its new platform on Augurisk.com, the first website specifically engineered to guide American renters and homebuyers with a clear understanding of the climate and crime risk of properties. Now people looking to buy or rent a property across America can easily find safer homes and see the detailed data on crime, hurricanes, drought, earthquakes,wildfires, flooding or other natural disasters for that property.
Buying a property is one of the biggest financial investments most people make. Now, more than ever, consumers are concerned about climate and crime risks that could potentially affect their property. In addition to the cost of mortgage, homes located in high risk areas face skyrocketing insurance costs. Last year alone, 1 in 10 properties were affected by weather disasters, of which 18 caused $178.8B in damages and 474 deaths last year. Unfortunately these numbers increased from an average of 8.1 events annually during the past 20 years, to 18 events in the most recent 5 years. It is now estimated that $35 billion worth of real estate will be underwater in America by 2050.
Augurisk’s proprietary scientific and AI models provide detailed climate, crime and societal risk data on about a million properties to help future homeowners make the right choice.
Mohamed Mezian, the CEO and co-founder of Augurisk commented “We are excited to officially launch our new platform today. With the unfortunate increase in crime and climate related disasters, our mission is to equip individuals and families with crucial information about their biggest investment - their homes. Every individual deserves the assurance of safety in their living environment. With Augurisk, we're not just offering data; we're providing peace of mind, security, and a clearer path to making informed life decisions,”
Founded in 2020 Augurisk is a Techstars portfolio company, with thousands of users and enterprise clients using its web app to identify and assess risk for natural disasters and crime.
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ABOUT AUGURISK
Augurisk is a risk assessment platform specializing in crime and natural disaster data, designed to assist Americans in finding safer homes for their families. Leveraging advanced AI and scientific models and deep data analysis coupled with an intuitive user interface, Augurisk is at the forefront of combining technological innovation with human-centric solutions for one of life's fundamental needs - safety.
