2011 Property Report for the United States
Major disaster — including the spring tornados, Hurricane Irene, Tropical Storm Lee, and the Texas wildfires — had a noticeable effect on reconstruction costs across the United States in 2011.
Xactware’s 2011 Property Report for the United States analyzes how these catastrophes influenced the cost to rebuild in many states across the country and provides professionals in the property industry with a deeper understanding of last year’s major trends.
The Property Report also includes these key findings:
- The total volume and value of property estimates reported to Xactware last year.
- An overview of claim estimate trends in hurricane-prone states.
- The total volume and value of personal property estimates for the entire year, broken down by loss type.
- Trends for reconstruction costs in all 50 states and the District of Columbia.
- An overview of reconstruction cost and market value trends since 2007.
- Rate changes for commonly used construction materials, including lumber, drywall, and carpeting.