Severe convective storms are increasingly affecting homeowners, particularly in the U.S., where insured properties are highly concentrated. The financial impact of these storms is significant, with $68 billion in losses recorded in 2025 alone. Regions such as Illinois, Ohio, North Carolina, and Georgia are especially vulnerable due to their dense urban areas and valuable real estate. As these storms become more frequent and severe, homeowners may face rising insurance premiums, particularly in high-risk areas like the Midwest and northern Texas. The study also warns that SCS could become the third-costliest natural disaster globally in the next decade, driven by economic disruptions such as reduced commercial productivity and infrastructure damage.