Aon study shows roof ACV endorsements cut severe storm claim costs about 30%

• Aon analysis found roof actual cash value endorsements cut average severe convective storm claim costs by about 30%.
• Study reviewed claims from seven regional insurers across 77 key storm events over the past five years.
• Review of 29 rate filings in storm-exposed states showed premium credits up to about 38% for end-of-life roofs.
• Aon pegged 2023-2025 U.S. insured severe convective storm losses at USD 164 billion, the three highest years on record.
• Catastrophe models often assume replacement-cost roofs, risking overstated modeled loss costs and probable maximum losses for hail-heavy portfolios.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AON plc published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.