Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
1
Note: This information represents the Nevada home insurance market through December 31, 2022.
A review of the change in policies from 2021 to 2022 in ZIP Codes where policies were cancelled or
nonrenewed due to wildfire risk shows an increase in availability in 26 ZIP Codes and reduced
availability in 11 ZIP Codes.
O
verall, the change in the market from 2021 to 2022 is a 1.52% increase of availability of
homeowners’ insurance coverage in the wildfire-prone areas.
All ZIP Codes considered wildfire-prone that showed a reduced availability from 2021 to 2022 had a
decrease in availability of 5.5% or less, with the exception of ZIP Code 89450, Incline Village in
Washoe County, which showed a 12.39% decrease in availability.
Z
IP Code 89413, Glenbrook in Douglas County, had the highest percentage of applications not
accepted due to wildfire risk at 14.3% of all total applications (421 applications) in 2022. This ZIP
Code also experienced a slight decrease in availability of 1.32%, from 530 policies in 2021 to 523 in
2022.
In 2022, insurers reported 2,439 applications in 90 different ZIP Codes that were not accepted due to
concerns regarding wildfire risk. This represents 0.15% of the total applications of 1,602,266 and
0.25% of the 985,704 applications that were not accepted for any reason.
There were also 265 policies that were cancelled or non-renewed by insurers in 2022 due to concerns
related to wildfire risk. This accounts for 0.2% of the 115,365 policies cancelled or non-renewed by
insurers for any reason and 0.03% of the total 2021 policies of 973,200.
Top 5 ZIP Codes with Greatest Number of Applications Not Accepted for Wildfire-Related Reasons in 2022
ZIP Code
City / County
Total
Applications
Not Accepted for
Wildfire
Reasons
% of Total Not
Accepted for
Wildfire Reasons
89815
Spring Creek / Elko
8,794
334
3.8%
89451
Incline Village / Washoe
3,864
259
6.7%
89801
Elko / Elko
11,356
206
1.8%
89511
Southwest Reno / Washoe
14,213
192
1.4%
89508
Reno / Washoe
4,759
138
2.9%
Top 5 ZIP Codes with Highest Percentage of Applications Not Accepted for Wildfire-Related Reasons in 2022
ZIP Code
City / County
Total
Applications
Not Accepted for
Wildfire
Reasons
% of Total Not
Accepted for
Wildfire Reasons
89413
Glenbrook / Douglas
421
60
14.3%
89831
Mountain City / Elko
9
1
11.1%
89124
Mount Charleston / Clark
551
47
8.5%
89451
Incline Village / Washoe
3,864
259
6.7%
89449
Stateline / Douglas
1,520
100
6.6%
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
2
265 policies were cancelled or nonrenewed by any insurer in 2022 due to reasons related to wildfire
risk. Washoe County was the most affected with 172 total policies nonrenewed due to wildfire risk, for
64.9% of the total. Douglas County was the second most affected, with 59 policies nonrenewed, for
22.3% of the total. Elko County was the third most affected, with 14 policies nonrenewed, for 5.3% of
the total. Clark County had 7 policies nonrenewed, for 2.6% of the total, and Lyon County had 5 policies
nonrenewed, for 1.9% of the total. Carson City, Nye, Lincoln, and Eureka Counties each had 2 policies
nonrenewed, for 0.8% of the total.
37 ZIP Codes, or 14.6% of all ZIP codes, had policies cancelled or nonrenewed by the insurer in
2022 due to wildfire risk. These include:
Zip City County Policies Cancelled/Nonrenewed Due to Wildfire Risk
89451 Incline Village Washoe County 71
89511 Reno Washoe County 40
89413 Glenbrook Douglas County 21
89506 Reno Washoe County 15
89448 Zephyr Cove Douglas County 13
89521 Reno Washoe County 13
89410 Gardnerville Douglas County 8
89449 Stateline Douglas County 8
89801 Elko Elko County 8
89508 Reno Washoe County 6
89402 Crystal Bay Washoe County 5
89403 Dayton Lyon County 5
89815 Spring Creek Elko County 5
89460 Gardnerville Douglas County 4
89510 Reno Washoe County 4
89523 Reno Washoe County 4
89704 Washoe Valley Washoe County 4
89124 Las Vegas Clark County 3
89436 Sparks Washoe County 3
89135 Las Vegas Clark County 2
89316 Eureka Eureka County 2
89411 Genoa Douglas County 2
89450 Incline Village Washoe County 2
89519 Reno Washoe County 2
89703 Carson City Carson City 2
89705 Carson City Douglas County 2
89008 Caliente Lincoln County 1
89020 Amargosa Valley Nye County 1
89040 Overton Clark County 1
89043 Pioche Lincoln County 1
89048 Pahrump Nye County 1
89103 Las Vegas Clark County 1
89434 Sparks Washoe County 1
89439 Verdi Washoe County 1
89444 Wellington Douglas County 1
89503 Reno Washoe County 1
89831 Mountain City Elko County 1
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
3
Underwriting Criteria – Selected Statistics
Scoring Models
50.5% of the responding insurers use a scoring model to assess wildfire risk in underwriting.
Underwriting Characteristics
Multiple property characteristics were provided that insurers use in making an underwriting decision.
These include:
i. Roof type, with wood roofs being ineligible or facing higher scrutiny.
ii. Location of the property and accessibility of year-round firefighting equipment.
iii. Vegetation management and defensible space.
iv. Construction characteristics of property, siding, roof covering, flame, and ember-resistant venting,
outbuildings, etc.
v. Unacceptable loss history.
Mitigation
44.2% of the responding insurers indicated that individual wildfire risk mitigation taken by the
policyholder was considered in the underwriting decision. Only 5.2% of the responding insurers
indicated that community wildfire risk mitigation was a consideration in the underwriting decision.
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
4
EXHIBIT 1
2021-2022 HOME INSURANCE POLICIES BY COUNTY
County
Policies in
2021
Policies in
2022
Clark County
702,137
703,457
Washoe County
162,255
165,812
Douglas County
21,418
21,505
Lyon County
18,888
20,087
Carson City
18,157
17,269
Nye County
15,964
16,064
Elko County
13,729
14,069
Churchill County
7,215
7,342
Humboldt County
5,087
5,160
White Pine County
2,620
2,653
Lander County
1,460
1,451
Lincoln County
1,372
1,392
Mineral County
1,158
1,159
Pershing County
803
788
Storey County
415
430
Eureka County
356
360
Esmeralda County
166
160
Grand Total
973,200
979,158
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
5
EXHIBIT 2
2022 Home Insurance Applications by County
County
Total Applications in
2022
Clark County
1,278,465
Washoe County
201,524
Elko County
22,392
Nye County
21,925
Lyon County
20,474
Carson City
20,228
Douglas County
16,375
Churchill County
7,180
Humboldt County
5,675
White Pine County
2,445
Lander County
1,625
Mineral County
1,189
Lincoln County
1,171
Pershing County
734
Storey County
394
Eureka County
342
Esmeralda County
128
Grand Total
1,602,266
Total
Clark County
Washoe County
Elko County
Nye County
Lyon County
Carson City
Douglas County
Churchill County
Humboldt County
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
6
EXHIBIT 3
2022 Home Insurance Applications Accepted / Not Accepted (For Any Reason)
County
Applications Accepted
in 2022
Applications Not Accepted
in 2022
Clark County
488,175
790,290
Washoe County
82,818
118,706
Nye County
7,457
14,468
Elko County
9,023
13,369
Lyon County
7,170
13,304
Carson City
7,565
12,663
Douglas County
6,445
9,930
Churchill County
2,762
4,418
Humboldt County
2,440
3,235
White Pine County
886
1,559
Lander County
467
1,158
Mineral County
358
831
Lincoln County
447
724
Pershing County
250
484
Storey County
151
243
Eureka County
121
221
Esmeralda County
27
101
Grand Total
616,562
985,704
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
Apps Accepted 2022
Apps Not Accepted 2022
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
7
EXHIBIT 4
2022 Home Insurance Applications Not Accepted Due to Wildfire Risk Concerns
County
Total
Applications in
2022
Applications Not
Accepted in 2022
Due to Wildfire Risk
Concerns
Applications Not Accepted
in 2022 Due to Wildfire Risk
Concerns as a Percentage of
Total Applications
Washoe County
201,524
1,179
0.6%
Elko County
22,392
554
2.5%
Douglas County
16,375
385
2.4%
Clark County
1,278,465
131
0.0%
Humboldt County
5,675
61
1.1%
Carson City
20,228
42
0.2%
Lyon County
20,474
38
0.2%
Lincoln County
1,171
19
1.6%
White Pine County
2,445
10
0.4%
Lander County
1,625
9
0.6%
Storey County
394
3
0.8%
Pershing County
734
3
0.4%
Mineral County
1,189
3
0.3%
Eureka County
342
1
0.3%
Nye County
21,925
1
0.0%
Churchill County
7,180
0
0.0%
Esmeralda County
128
0
0.0%
Total
1,602,266
2,439
0.15%
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
8
EXHIBIT 5
Home Insurance Cancellations or Non-Renewals by the Insurer in 2022 (For Any Reason)
County
Policies Cancelled or
Not Renewed
Clark County
91,248
Washoe County
15,181
Lyon County
1,677
Nye County
1,652
Carson City
1,471
Douglas County
1,281
Elko County
1,156
Churchill County
503
Humboldt County
392
White Pine County
274
Lander County
139
Lincoln County
125
Mineral County
122
Pershing County
64
Eureka County
37
Storey County
23
Esmeralda County
20
Grand Total
115,365
Total
Clark County
Washoe County
Lyon County
Nye County
Carson City
Douglas County
Elko County
Churchill County
Summary of Selected Findings – Nevada Home Insurance Wildfire Data Call – Expanded Version
Nevada Division of Insurance – Property and Casualty Advisory Committee Meeting of November 15, 2023
9
EXHIBIT 6
2022 Policies Cancelled or Non-Renewed by the Insurer Due to Wildfire Risk Concerns
County
Policies Cancelled
or Not Renewed
for Any Reason in
2022
Policies
Cancelled or
Not Renewed
Due to Wildfire
Risk Concerns
Policies Cancelled or Not
Renewed in 2022 Due to
Wildfire Risk Concerns, as
a Percentage of All Policies
Cancelled or Not Renewed
Washoe County
15,181
172
1.1%
Douglas County
1,281
59
4.6%
Elko County
1,156
14
1.2%
Clark County
91,248
7
0.0%
Lyon County
1,677
5
0.3%
Eureka County
37
2
5.4%
Lincoln County
125
2
1.6%
Carson City
1,471
2
0.1%
Nye County
1,652
2
0.1%
Churchill County
503
0
0.0%
Esmeralda County
20
0
0.0%
Humboldt County
392
0
0.0%
Lander County
139
0
0.0%
Mineral County
122
0
0.0%
Pershing County
64
0
0.0%
Storey County
23
0
0.0%
White Pine County
274
0
0.0%
Total
115,365
265
0.23%