Texas, Florida, and North Carolina Suffer the Most Property Damage During Hurricane Season According to ValuePenguin.com Study

Hurricanes have caused $8 billion in damage since 2010 for the Gulf and the Southern Atlantic States.

News provided by

ValuePenguin.com

Aug 04, 2020, 07:05 ET

NEW YORK, Aug. 4, 2020 /PRNewswire/ -- As Hurricane Isaias barrels towards the East and Southern Coast, states most affected by hurricane damage are right in its path. In the last decade Florida, North Carolina, and Texas are some of the top states that incur the most damage from hurricanes and natural disasters.  

ValuePenguin analyzed historic emergency data provided by the Federal Emergency Management Agency (FEMA) to assess the risks coastal property owners could face during hurricane season. 

Key findings: 

  • Florida experienced the most expensive losses overall with $3.5 billion of damage, while Texas had the highest average damage per storm, with a typical loss exceeding $1 billion.
  • 628 counties were declared disaster zones for damage resulting from hurricanes, and the majority of counties experienced more than one emergency.
  • North Carolina's Dare, Brunswick and Hyde counties each experienced 10 separate FEMA emergencies on account of hurricanes — the most of anyone county.
  • South Carolina, Louisiana, and Mississippi experienced the highest frequencies of major disaster declarations. Each storm that hit these states resulted in an escalated federal response.

To view the full report, visit: https://www.valuepenguin.com/which-states-suffer-most-from-hurricanes

About ValuePenguin.com: ValuePenguin.com, part of LendingTree, is a personal finance website that conducts in-depth research and provides objective analysis to help guide consumers to the best financial decisions. ValuePenguin focuses on value, assessing whether the return of a particular decision is worth the cost or risk of that option, and how this stacks up with the other possible choices they may have. For more information, please visit www.valuepenguin.com, like our Facebook page, or follow us on Twitter @ValuePenguin.

Media Contact:
Nadia Gonzalez (Mrs.)
[email protected]

SOURCE ValuePenguin.com

Related Links

http://www.valuepenguin.com

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