Today, the research and technology nonprofit First Street Foundation made Risk Factor Pro available to all users, giving American consumers access to in-depth climate risk analysis and data that was previously only available to major institutional investors and mortgage lenders.

Damage cost estimates, improved analyses of the effects of flood, extremely hot weather, and wildfire on a building, visual graphics, and interactive maps are among the data that is only accessible through Risk Factor Pro. Along with global built environment consulting firm Arup, the application goes beyond exposure statistics by enabling users to adjust building attributes, assuring an accurate, property specific, and extremely granular evaluation of climate risk.

According to Matthew Eby, CEO of First Street Foundation, accessing this kind of data and analysis can cost organisations tens of thousands of dollars, but once they do, they can use it in ways that the average American cannot. “Risk Factor Pro levels the playing field and ensures that every American has the information they need to protect themselves and their homes by providing these insights for free to every American homeowner, eliminating the knowledge gap that exists between the most powerful institutional investors and homeowners and shoppers.”

Source: Prnewswire