CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its 2018 CoreLogic storm surge report, which shows that more than 6.9 million homes along the Atlantic and Gulf Coasts are at potential risk of damage from hurricane storm surge inundation with a total reconstruction.

(Reuters) – Analytics firm Corelogic on Tuesday estimated total insured and uninsured losses from damage to properties from Hurricane Irma at $42.5-$65 billion. Irma, one of the most powerful Atlantic Ocean storms on record, hit several islands in the northern Caribbean before barreling into Florida.

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. 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.

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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.

As a result, an estimated 80 percent of flood damage to residential properties from Hurricane Irma is not covered by any flood insurance. Of the total wind damage, an estimated $11 billion to $15.

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Irma threatens millions of Florida properties Hurricane Irma has the potential to do catastrophic damage to homes and commercial properties along the Florida coast, CoreLogic says. The analytics company reported that 8.45 million properties were at either at an “extreme,” “very.

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.

Allstate is readying a convoy of trucks in Mobile that will head into Florida and Georgia once the storm has passed with experts in damage assessment experts, said company spokesman Adam Polak.

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