Hurricane Matthew will likely be the first major hurricane to make landfall in the United States since 2005. Property information powerhouse CoreLogic estimates that there nearly 2 Million Homes at Risk from Hurricane Matthew in the states of Florida, South Carolina, North Carolina and Georgia. Their analysis shows that damage from storm surge flooding could cause an estimated $405 billion in total reconstruction cost value.
“Hurricane-driven storm surge flooding can cause significant property damage when high winds and low pressure cause water to amass inside the storm, releasing a powerful rush over land when the hurricane moves onshore.”
Click here to read CoreLogic’s media advisory about the storm
