The Philippines exists at the crossroads of climate-induced hazards and disasters – it ranked fourth in the 2021 Global Climate Risk Index and first in the 2023 World Risk Index. Representative of this is the Province of Albay, where many human, geological, meteorological, and most recently—biological hazards—are present and seen to cascade and compound. Understanding these multi-hazards is imperative in adaptation and risk management, with community knowledge, experience, and sound data at the core of the scientific inquiry. This study investigates the cases of three barangays (Buga in Libon, Pandan in Ligao City, and Quirangay in Camalig) from Quinali A Watershed in Albay to capture the exposure dynamics to various hazards such as floodings, landslides, and volcanic eruptions, among others. Focus group discussions (FGDs) were conducted with key barangay officials and community members to assess their vulnerability to identified hazard events following the participatory assessment from the Local Government Unit (LGU) Local Climate Change Action Plan (LCCAP) Guidebook. These were complemented with key informant interviews and secondary data. Utilizing a multi-hazard-impact relationship framework, a qualitative visualization of cascading and compounding impacts was done from the lived experiences of the community. Results revealed that the barangays’ strong adaptive capacity (in terms of wealth, technology, infrastructure, social capital, information, and institutions) has contributed to reducing their vulnerability to frequent hazards, such as typhoons, floods, landslides, and even COVID-19. However, the cascading impacts have shown that a single-hazard approach was not enough in assessing the barangays’ vulnerability and designing effective adaptation strategies to promote resilience. The complex nature of hazards calls for compounding and cascading impact analyses to support Albay’s zero-casualty vision. This approach that may also benefit other high-risk regions through the use of impact chain diagrams tailored to their context.