CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

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.

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

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, according to a new forecast from CoreLogic, while nearly 3.5 million residential and commercial properties in Florida are at risk of hurricane-driven storm surge damage. CoreLogic noted that their forecast does not incorporate potential damage from inland flooding.

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.*

In this case, the disaster was Hurricane Irma, the powerful 2017 hurricane that swept through South Florida. "Severe wind events can cause poles and/or overhead lines to fall, damaging property and.

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.

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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.

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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, according to a new forecast from CoreLogic,

(Reuters) – Analytics firm Corelogic. 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.

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