Posted on 09/16/2003 2:18:34 PM PDT by .cnI redruM
Edited on 04/29/2004 2:03:07 AM PDT by Jim Robinson. [history]
NEW YORK (CNN/Money) - It should be no surprise that big storms, including hurricanes and tropical storms, can cause big damage. In 1992, Hurricane Andrew caused $16 billion in insured losses.
But as Isabel, a category 2 hurricane, bears down on the Eastern seaboard, homeowners in the storm's path should brace themselves for an even bigger financial hit than they might have expected in prior years from a similar storm.
(Excerpt) Read more at money.cnn.com ...
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