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.