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—Reconstruction cost value of all homes in the September 26, 2022 cone of uncertainty totals nearly $258 billion—
CoreLogic®a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 1,044,412 single-family and multifamily homes along the Florida gulf coast with a reconstruction cost value (RCV) of approximately $258.3 billion are at potential risk of storm surge damage from Hurricane Ian. These figures assume Hurricane Ian makes landfall as a Category 4 hurricane and are based on the September 26, 2022 National Hurricane Center 11 am ET forecast.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220926005845/en/
Hurricane Ian Storm Surge Risk Figures (Graphic: Business Wire)
“Hurricane Ian has all the ingredients you need for a bad storm surge event,” said Dr. Tom Jeffery, senior hazard scientist, CoreLogic. “Due to Hurricane Ian’s slower speed and rapid intensification in the eastern Gulf of Mexico, the threat of a widening wind field bringing damaging storm surge increases each day. Many homes along Florida’s western coast are at risk of storm surge inundation regardless of where the storm makes landfall, and even more homeowners will contend with heavy rainfall and hurricane-force winds throughout mid-week .”
More on the storm surge risk figures
The chart above offers a breakdown of the residential single family and multi-family homes at risk of storm surge damage. This data indicates the total number of homes with exposure to storm surge …
Full story available on Benzinga.com
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