Secondary Peril

Secondary perils are smaller-scale but high-frequency risks, such as hail, thunderstorms, or brush fires, that have become major drivers of insurance costs. Unlike “Primary Perils” like massive hurricanes, secondary perils are harder to predict and can cause devastating cumulative losses. Many carriers are introducing specific “Secondary Peril Deductibles” to manage the rising financial impact of these frequent, climate-driven weather events across the U.S.