CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

23 Jul    Home Buyer News

CoreLogic: 8.5m florida properties risk irma Wind Damage. Within the "Extreme" risk sector, the Miami-Fort lauderdale-pompano beach corridor is at risk for the greatest amount of wind damage, with a potential of 2.2 million properties receiving the worst of the hurricane. Separately, the house-sharing service AirBnB activated its disaster response.

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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.*

 · 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.

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Roughly 8.5M florida properties ‘at significant risk’ of damage from Hurricane Irma Friday, 8 September 2017 An estimated 8.5 million Florida homes and businesses, including more than 1 million in Central Florida, are at extreme, very high or high risk of wind damage from Hurricane Irma, according to CoreLogic (NYSE: CLGX), a global property.

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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.

As monster Hurricane Irma buzz-sawed its way up Florida’s Gulf Coast, it looked for several hours like the heavily populated Tampa Bay area could face catastrophic wind damage and. released in June.

Data analysis by CoreLogic 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. CoreLogic storm surge analysis shows that an estimated 3,494,735 residential and commercial properties in Florida are at risk of hurricane-driven storm surge damage.

21 Florida Cities at Risk of Wind Damage From Hurricane Irma. CoreLogic said an estimated 8,456,455 residential and commercial properties in Florida are at either "extreme," "very high" or "high" risk of wind damage from the storm, which is on a path to hit the state Saturday. The Miami-Fort Lauderdale-Pompano Beach metropolitan area,

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