CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

 · Most damage from hurricane wind is typically covered by private insurers. commercial Loss. CoreLogic estimates insured flood loss for commercial properties will be between $50 million to.

An estimated 8.4 million Florida properties are at "extreme," "very high," or "high" risk of wind damage from Hurricane Irma, real-estate data provider CoreLogic said Friday, with.

Corelogic estimates Hurricane Irma property damage at $42.5-$65 bln. Irma, one of the most powerful Atlantic Ocean storms on record, hit several islands in the northern Caribbean before barrelling into Florida’s Gulf Coast, causing further destruction. Insurers and reinsurers are counting the cost of Irma and also Hurricane Harvey,

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According to Irvine, Ca-based CoreLogic, 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.

CoreLogic, a consultant to insurers, estimated that almost 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.

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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 shows.

(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.

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The damage totaled $26 billion in Florida’s most-populous areas. At least 40 people were killed in Florida. 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.

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CoreLogic Analysis Estimates Property Damage from Hurricane Irma Between $42.5 Billion and $65 Billion. Of the total wind damage, an estimated $11 billion to $15 billion represents residential.