CoreLogic's 2022 Hurricane Report says nearly 7.8 million homes with more than $2.3 trillion in combined reconstruction cost value are at risk this hurricane season.
Nearly 7.8 million homes with more than $2.3 trillion in combined are at risk of hurricane-related damages during this Atlantic season, CoreLogic's 2022 Hurricane Report says.
In evaluating the storm surge and hurricane wind risk levels for both single-family and multifamily residences along the Gulf and Atlantic Coasts this season, the corporation said that 33 million homes with nearly $10.5 trillion in combined RCV are at risk of wind and flooding-related destruction. More than 31 million single-family homes were at moderate or greater risk and over 7.5 million of the homes had direct or indirect coastal exposures and subsequent risk from coastal storm surge andAt the metropolitan level, New York City has the greatest risk, with nearly 900,000 homes with more thanat risk of storm surge damage and more than four million homes with more than $2.2 trillion in RCV at risk of wind damage.
Houses and businesses are seen damaged in the aftermath of Hurricane Ida as the Category 4 hurricane devastated the town and barrier island of Grand Isle, Louisiana, Sept. 2, 2021.At the state level, three Gulf Coast states have the greatest number of homes at risk of storm surge damage. Florida has nearly three million, Louisiana has close to 911,000 and Texas has more than 542,000 homes at risk, respectively.Damage from Hurricane Ida is seen in Houma, Louisiana, Sept. 22, 2021.
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