CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

Approximately 75 percent of the flood damage to residential properties from Hurricane Harvey was uninsured Flood damage in Florida, Alabama, Georgia, North Carolina and South Carolina from Hurricane Irma is estimated at $29 billion to $46 billion, of which $25 billion to $38 billion is residential damage and $4 billion to $8 billion is commercial damage

Flood damage in Florida, Alabama, Georgia, North Carolina and South Carolina from Hurricane Irma is estimated at $29 billion to $46 billion, of which $25 billion to $38 billion is residential damage and $4 billion to $8 billion is commercial damage

CoreLogicAnalysis Shows an Estimated 8.5 Million Properties in Florida at Significant Risk of Potential Wind Damage from Hurricane Irma By Published: Sept 8, 2017 12:00 p.m. ET

8.5 Million Florida Properties at Risk of Potential Wind Damage According to Irvine, Ca-based CoreLogic, 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.

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Irma puts millions of properties at ‘extreme risk’ in the big coastal cities in Florida. The Miami metropolitan areas, Fort Lauderdale-Pompano Beach sector, falls under the "extreme" risk for wind damages. Over 2.2 million business and private properties would potentially receive the worst wind-caused damage from the hurricane.

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.

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.

Storm damage may worsen if Irma drifts. across the caribbean nearing billion, CoreLogic, a risk modeler in Irvine, California, said. About 8.5 million properties in Florida may be damaged by.

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced preliminary loss estimates for Hurricane Irma. According to the data analysis, total insured and uninsured loss for both residential and commercial properties, including damage from both flood and wind, is estimated to be between $42.5 billion and $65 billion.*

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