Top 10 Cities At Risk For Hurricane Storm Surge Damage
Thursday, July 9th, 2015 Catastrophe PropertyMore than 6.5 million US homes along the Atlantic coastline and Gulf Coast region are at risk of storm surge inundation, representing nearly $1.5 trillion in potential reconstruction costs according to a CoreLogic storm surge analysis released last week. Of that $1.5 trillion in risk, $986 billion is concentrated in 15 major metro areas. Unsurprisingly, Florida leads the way for the highest number of homes at risk (2.5 million), containing the second- and third-ranked metro areas of Miami and Tampa. New York City represents the highest number of homes at risk (687,412) as well as the highest total value of homes exposed ($251 billion).
External References & Further Reading
http://www.ibamag.com/news/top-10-cities-at-risk-for-hurricane-damage-18950.aspx
