Fire Loss Economic Impact Calculator

Imagine using Fire Loss Economic Impact to answer this question: estimate aggregate direct and interruption losses from reported structural fire incidents? Enter Annual qualifying structural fire incidents, Average property and contents loss per incident, Average insurance and recovery share, and 2 other inputs; the calculator shows Estimated annual economic fire-loss impact. Try changing one number and watch what happens to Estimated annual economic fire-loss impact. The answer tells you Estimated annual economic fire-loss impact.

Use representative incident data and separate insured transfers from real resource and output losses. The rule is Economic fire impact = incidents × average net direct loss × interruption multiplier. Its input values are Annual qualifying structural fire incidents, Average property and contents loss per incident, Average insurance and recovery share (%), Business interruption and indirect multiplier, Additional annual injury and displacement cost, and the main result is Estimated annual economic fire-loss impact. Try changing one number and watch what happens to Estimated annual economic fire-loss impact.

This calculator evaluates a macroeconomics relationship while holding unmodelled conditions constant. The implemented relation is Economic fire impact = incidents × average net direct loss × interruption multiplier, evaluated from Annual qualifying structural fire incidents, Average property and contents loss per incident, Average insurance and recovery share (%), Business interruption and indirect multiplier, Additional annual injury and displacement cost to produce Estimated annual economic fire-loss impact. Use representative incident data and separate insured transfers from real resource and output losses. The result depends on comparable definitions, units, populations and time periods. It estimates a relationship; it does not establish causation or replace current primary data.