CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage
CoreLogic Analysis estimates property damage from Hurricane Irma Between $42.5 Billion and $65 Billion. Of the total wind damage, an estimated $11 billion to $15 billion represents residential.
Nearly 8.5 million residential and commercial properties in Florida are at either "extreme," "very high" or "high" risk of wind damage from Hurricane Irma, new data from CoreLogic shows.
8.5 million florida properties at "significant risk" from Hurricane Irma: CoreLogic. 9th September 2017 – Author: Staff Writer About 8.5 million Florida properties are at significant risk of potential wind damage from Hurricane Irma, according to Analytics and data-solutions provider, CoreLogic.
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An estimated $13.5-$19 billion in insured loss would be caused by wind damage to properties, it said. Residential flood loss from Hurricane Irma is expected to be between $25-$38 billion, Corelogic said, adding that the figure included storm surge, inland and flash flooding in Florida, Alabama, Georgia, North Carolina and South Carolina.
CoreLogic, a consultant to insurers, estimated that nearly 8.5 million Florida homes or commercial properties were at extreme, very high or high risk of wind damage from Irma. Police in the Fort.
CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released data analysis which shows that an estimated 8,456,455 residential and commercial properties in Florida are at either "Extreme," "Very High" or "High" risk of wind damage from Hurricane Irma.
South Florida has the most properties at risk. Please Sign In and use this article’s on page print button to print this article.
· Across North and South Carolina, Florence could cause $3 billion to $5 billion in insured property losses from wind and storm surge, according to CoreLogic. The storm, while large, is not expected to be as destructive to property as Hurricane Irma was last year.
Why these areas specifically? According to CoreLogic, these locations are the most at risk for storm surge, wildfire or tornados.
About 8.5 million Florida properties are at significant risk of potential wind damage from Hurricane Irma, according to Analytics and data-solutions provider, corelogic. data analysis released yesterday shows an estimated 8.5 million residential and commercial Florida properties are at either "Extreme", "Very High" or "High" risk of Hurricane Irma wind damage.