Posted on 10/07/2024 10:57:04 AM PDT by Diana in Wisconsin
Even as Florida braces for another major hurricane, new estimates reveal Hurricane Helene caused up to $47.5 billion in losses for property owners.
Helene, a deadly Category 4 hurricane that made landfall on September 26, caused “widespread and devastating” flooding across Florida, North Carolina, South Carolina and Georgia, according to data analytics firm CoreLogic.
And yet many residents in Helene’s path did not have flood insurance. CoreLogic estimates Helene caused between $20 billion and $30 billion of uninsured flood losses.
That dwarfs the firm’s estimate of between $10.5 billion and $17.5 billion worth of uninsured wind and flood losses.
“A significant portion of the losses from this hurricane are likely to go uninsured, leaving the individual property owner responsible for paying for repairs,” CoreLogic wrote in an update on Friday.
All told, CoreLogic calculates that Hurricane Helene caused between $30.5 billion and $47.5 billion in total wind and flood losses across 16 states. The firm said it does not plan to issue another update, unless new developments warrant it.
The latest cost figures come as Hurricane Milton barrels towards Florida, rapidly intensifying from a tropical storm to a dangerous Category 4 hurricane in the span of less than 20 hours.
Milton threatens to bring additional damage to the region, and further highlights the absence of flood insurance in areas that continue to face immense flooding threats.
Helene’s heavy rain caused massive devastation, leaving entire communities in western North Carolina in ruins. The death toll from Helene has climbed to at least 232 people across six states, making it the second-deadliest hurricane to hit the US mainland in the past 50 years.
In Florida, the hurricane caused historic tidal levels in the Tampa Bay and St. Petersburg areas, both of which are home to many hotels and condos.
(Excerpt) Read more at channel3000.com ...
(Yes, I donated to Samaritan's Purse.)
https://www.samaritanspurse.org/disaster/hurricane-helene/?msclkid=959d4b0fd7a114312a712c0bf73d5e54
We should halt all foreign aid until we have rebuilt our own country. With Florida facing a potential Category 5 hurricane, we’ll need to retain all available resources for recovery.
I agree, 100%. :)
Halt it now and pretty much forever. American is BROKER than BROKE..in so many ways. :(
Better watch it. I posted the link to Samaritans Purse when the Ukraine war began and the controllers of this site promptly removed it. Claiming they do not allow linking to charity sites.
Stunning Internal FEMA Videos Reveal Agency’s ACTUAL Top Priorities (And KJP’s words (video) in 2022 compared to now on FEMA $$$ for illegals)
https://freerepublic.com/focus/f-news/4269434/posts
I posted a link to Samaritan’s Purse to donate to the Helen recovery. If that’s not kosher, please delete. Thanks! :)
Yep. Priorities with this bunch are always America Last, Americans Last. :(
“Helena” sounds like a real tempest. “Milton” sounds like your genial uncle who sells ant farms.
I’m south of Sarasota.
My backyard is already soaked. I couldn’t mow some areas because of water.
The last NHC report had maximum sustained winds of 175mph.
https://www.nhc.noaa.gov/refresh/graphics_at4+shtml/152801.shtml?cone#contents
Four to six inches of rain from Milton forecast for me. Six to eight inches forecast for Pinellas and Pasco counties. Eight to twelve inches for some coastal counties south of Jacksonville:
https://www.nhc.noaa.gov/refresh/graphics_at4+shtml/152801.shtml?rainqpf#contents
All of west coast Florida to have storm surge. Eight to twelve feet in the Tampa Bay area:
https://www.nhc.noaa.gov/refresh/graphics_at4+shtml/152801.shtml?peakSurge#contents
Fort Myers Beach was expected to have substantial storm surge in a NHC product I viewed this morning.
I was hoping the Yucatan would break Milton, but the eye of Milton can still be seen in satellite images:
https://www.star.nesdis.noaa.gov/GOES/conus.php?sat=G16
No worries.
Please let us all know how you are faring on the Garden Thread when you get a chance and this is has passed you!
Do you ever check in on NaughtiNurse’s hurricane threads? She has one up on Milton.
Prayers up for you and yours, FRiend!
There will be no repairs. At least not soon. There is no money for them.
Oh, wait. Shut down the war in Ukraine. Maybe we can find a spare 50 billion there.
A disaster of this level takes 20-40 years to show a recovery. It is the work of two or three generations. The last previous flooding disaster of similar proportions was about 100 years ago.
no problem, today the White House Press Secretary was bragging about giving them $200 million.
That indeed, is almost 1/2 of a percent of their losses. She said they had nothing to complain about and its misinformation if the press questions it.
Agreed 150%!
Take it for what it's worth, but NOTHING would surprise me. There's Lithium to be mined in those hills...now that the inhabitants are dead. :(

https://gingerbreggin.substack.com/p/appalachia-murder-always-happens
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.