From the July 2013 issue of American Agent & Broker •Subscribe!

Top 10 States Most Susceptible to Storm Surge Damage

Although hurricanes are usually associated with southern coastal states, Hurricane Irene and even more recently, Superstorm Sandy serve as reminders that these are not the only states at risk.

No geographic region along the Gulf of Mexico or Atlantic Ocean is safe from hurricane damage, and in turn, storm surges. More than 4 million properties valued at $1.1 trillion are exposed to storm surge damage, triggered by high winds and low pressure associated with hurricanes.

A state’s total risk of exposure depends on a variety of factors, including trends in population and residential development, geographic risk factors and length of the coastline. In its 2013 Storm Surge Report, CoreLogic took these elements into account to compile a list of states with the most properties susceptible to storm surge damage.

  1. Florida (1,478,858 properties at risk)
  2. Louisiana (411,052 properties at risk)
  3. Texas (369,577 properties at risk)
  4. New Jersey (350,577 properties at risk)
  5. Virginia (329,234 properties at risk)
  6. New York (270,458 properties at risk)
  7. North Carolina (232,212 properties at risk)
  8. South Carolina (196,784 properties at risk)
  9. Georgia (118,004 properties at risk)
  10. Massachusetts (107,657 properties at risk)

Read more on the report at propertycasualty360.com.

Comments

Resource Center

View All »

Integrated Content & Communications: A Key Business Issue For Insurers

Insurers are renewing their focus on top line growth, and many are learning that growth...

High Risk Insurance Coverage in the E&S Market

Experts discuss market conditions, trends and projected growth in a rapidly changing niche.

Top E-Signature Security Requirements

This white paper covers the most important security features to look for when evaluating e-signatures...

EPLI Programs Crafted Just For Your Clients

Bring us your restaurant clients, associations and other groups and we’ll help you win more...

Is It Time To Step Up And Own An Agency?

Download this eBook for insight on how to determine if owning an agency is right...

Claims - The Good The Bad And The Ugly

Fraudulent claims cost the industry and the public thousands of dollars in losses. This article...

Leveraging BI for Improved Claims Performance and Results

If claims organizations do not avail themselves of the latest business intelligence (BI) tools, they...

Top 10 Legal Requirements for E-Signatures in Insurance

Want to make sure you’ve covered all your bases when adopting e-signatures? Learn how to...

Get $100 in leads with $0 down!

NetQuote's detailed, real-time leads have boosted sales for thousands of successful local agents across the...

The Growing Role of Excess & Surplus Lines in Today’s...

The excess and surplus market (E&S) provides coverage when standard insurance carriers cannot or will...

Personal Lines Pro eNewsletter

Critical insights into the personal auto, homeowners, and other consumer insurance markets to help P&C professionals stay informed – FREE! Sign Up Now!

Advertisement. Closing in 15 seconds.