The Devastating Cost of Hurricanes in Florida: Is Your Home Protected?

Hurricane damage in Florida has been a growing concern for residents and insurance companies alike. With Hurricane Ian causing billions of dollars in wind and flood damage just last year, it's clear that the state is at high risk for devastating storms.

According to estimates from CoreLogic, Hurricane Ian caused between $22 billion and $32 billion in wind damage and an additional $6 billion to $15 billion in flood damage in Florida. This makes it the second-largest insured loss after Hurricane Katrina in 2005, with total damages estimated at between $50 billion and 65 billion.

In the last five years, hurricanes have caused a total of $742.1 billion in damages across the United States, which is more than one-third of the disaster cost total of the last 42 years ($2.155).

For insurance agents writing home owners insurance in Florida, it's important to understand the risks their clients face and how to protect their properties from hurricane damage. By offering comprehensive home insurance policies, insurance agents can help their clients prepare for the worst and recover quickly if disaster strikes.

So if you're a homeowner in Florida, don't wait until it's too late. Make sure you have the right insurance coverage in place to protect your home from hurricane damage. And for insurance agents, working with reliable home inspection companies like Prime Time Inspections can help you provide your clients with quick and accurate reports, allowing you to issue home insurance policies more efficiently.