CoreLogic Estimates $27 Billion to $40 Billion in Insured and Uninsured Losses from Hurricane Ida Wind, Storm Surge and Inland Flooding
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced residential and commercial wind, storm surge and inland flooding loss estimates for Hurricane Ida.
- CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced residential and commercial wind, storm surge and inland flooding loss estimates for Hurricane Ida.
- According to this new data analysis, insured and uninsured losses from wind, storm surge and inland flooding damages to residential and commercial properties in Louisiana, Mississippi and Alabama are estimated to be between $27 billion and $40 billion.
- Insured wind losses are an estimated additional $8 billion to $12 billion.
- It brought much higher storm surge than Hurricane Ida and flooded 80% of New Orleans in addition to devastating the Mississippi coast.