CoreLogic: 8.5M Florida Properties Risk Irma Wind Damage

A minimum of 4 pets had been being held within the baggage compartment [.]Kathy Sheehan Senior Loan Officer | NMLS #206275 Kennesaw – 202603 Bay Equity Home Loans Mortgage Professional Reviews corelogic: 8.5m florida properties risk irma wind damage from CoreLogic data analysis shows that an estimated 8,456,455 residential and commercial.

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According to the real estate analysis firm (NYSE: CLGX), Florida has 8.46 million residential and commercial properties at either "extreme," "very high," or "high" risk of wind damage.

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: 80% of Hurricane Irma Flood Damage Is Uninsured. Of the total wind damage, an estimated $11 billion to $15 billion represents residential wind loss. Most damage from hurricane wind is typically covered by private insurers. Insured flood loss for commercial properties is estimated at $4 billion to $8 billion.

8.5 Million Florida Properties at Risk of Potential Wind Damage 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 (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced preliminary loss estimates for Hurricane Irma.

Irma puts millions of properties at ‘extreme risk’ in the big coastal cities in Florida. The Miami metropolitan areas, Fort Lauderdale-Pompano Beach sector, falls under the "extreme" risk for wind damages. Over 2.2 million business and private properties would potentially receive the worst wind-caused damage from the hurricane.

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Flood damage in Florida, Alabama, Georgia, North Carolina and South Carolina from Hurricane Irma is estimated at $29 billion to $46 billion, of which $25 billion to $38 billion is residential damage and $4 billion to $8 billion is commercial damage

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