What is a Seismic Risk Assessment?

Seismic Risk Assessments, often referred to as Probable Maximum Loss estimates, are used by commercial property owners, investors, lenders, and others to understand and control risks related to earthquakes.

CREtelligent offers Seismic Risk Assessments and works with clients to understand their specific requirements.

They are used to understand losses related to damage to buildings, loss of inventory, disruption of operations and cash flow, interruption of utility and public services, and more.

Seismic Risk Assessment are written to the ASTM E2026-16a that defines terminology used in assessments and identifies levels of assessment that help define objectives and scopes of work. The standard defines three to four levels of assessment for the evaluation of:

• Seismic Ground Motion
• Site Stability
• Building Stability & Damageability
• Building Content Damageability
• Business Interruption