“…Merz, Kreibich, and Lall (2013) used a similar approach to predict flood damages at individual building level. Since then such techniques have been applied by many authors to predict all sorts of impacts from natural hazards (Amadio et al., 2019; Ganguly, Nahar, & Hossain, 2019; Carvajal et al., 2018; Mayfield et al., 2018; Nateghi, Guikema, & Quiring, 2014; Schröter et al., 2014, 2018; Sieg, Vogel, Merz, & Kreibich, 2017; Wagenaar, de Jong, & Bouwer, 2017; Wagenaar, Lüdtke, Schröter, Bouwer, & Kreibich, 2018). These data‐driven damage models often use more than one variable to predict the damage (multivariable models).…”