Estimating Expenses Related to the Impact of Catastrophic Events

A method for automatically estimating expenses related to property damage caused by at least one potential future catastrophic event, the method comprising:

• identifying, by processing circuitry, a plurality of properties within a specified geographic region, wherein the plurality of properties is associated with a user;
• identifying, by the processing circuitry, at least one catastrophic event type;
• accessing, by the processing circuitry, a plurality of catastrophic event models comprising a respective event model for each of at least two event model providers, wherein
• each event model provider of the at least two event model providers format event model results in a different format of at least two event model formats, and
• the plurality of catastrophic event models represent each catastrophic event type of the at least one catastrophic event type;
• determining, by the processing circuitry for each property of the plurality of properties, a respective property value;
• preparing, by the processing circuitry, a customized event loss vector format corresponding to preferences associated with the user, wherein the preferences comprise one or more of a preferred event model vendor, a particular financial perspective, or a property value scaling factor;
• executing, by the processing circuitry, the plurality of catastrophic event models for a respective location of each of the plurality of properties to generate an exposure data set representing estimated losses for each of the plurality of properties;
• determining, by the processing circuitry based on the exposure data set, an estimated amount of physical damage to each of the plurality of properties;
• for each property of the plurality of properties, calculating, by the processing circuitry based on the estimated amount of physical damage, a respective equity position estimate;
• for each property of the plurality of properties, analyzing, by the processing circuitry, the equity position to determine a likelihood of mortgage default;
• for each property of at least one property having a respective likelihood of mortgage default of anticipated, calculating an estimated loss due to mortgage default;
• for each property of at least one property having a respective likelihood of mortgage default of anticipated, arranging, by the processing circuitry, at least a portion of the exposure data set and the estimated loss due to mortgage default as a respective row of a loss matrix, wherein the respective row is formatted in the customized event loss vector format;
• and
• providing, for presentation to the user, a representation of the loss matrix.