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15 US states where homeowners are more likely to be at risk from hurricane damage
Hurricane wind damage accounts for $12.26 trillion in reconstruction cost value, according to Cotality.krblokhin/Getty ImagesIt's the start of hurricane season, and with it comes the risk of home damage.Cotality ranked states with the biggest risk of hurricane damage, and some of the results were surprising.Gulf states have more homes susceptible to hurricane wind damage, but the Northeast's damage can hit harder.For a lot of homeowners, summer means more than vacations — it also means staying vigilant during hurricane season.A problem most associated with Southern states hugging the Gulf Coast, like Florida and Texas, hurricanes also pose a serious threat to the Northeast.Property data and analytics firm Cotality found that while Florida and Texas have the highest amount of homes with moderate or greater risk of hurricane wind damage, the damage in the Northeast can be more devastating."While hurricanes hit the Northeast less frequently than the Gulf Coast, the region's immense population density and property value mean the stakes are incredibly high," Cotality vice president of insurance market insights Maiclaire Bolton-Smith said in a release."It's critical that homeowners in the Northeast understand that while landfalling hurricanes may not be as frequent as other states, the risk is still real."As for metropolitan areas, New York City ranks ahead of any Florida city, with a reconstruction cost value of more than $bir.9 billion. The metro also has the most homes with a moderate or greater risk of hurricane wind damage.In total, more than 32.2 million homes across the United States are at moderate or greater risk from hurricane winds alone, accounting for over $12.26 trillion in reconstruction cost value, according to Cotality.Below, see the states where homeowners are at the highest risk of hurricane damage.Median home price data is from Redfin.15. MarylandMaryland.Kruck20/Getty ImagesNumber of homes with moderate or greater risk: 479,881Reconstruction cost value: $179.6 billionMedian home price: $446,90014. AlabamaMobile, Alabama.adamkaz/Getty ImagesNumber of homes with moderate or greater risk: 768,390Reconstruction cost value: $232.7 billionMedian home price: $299,00013. PennsylvaniaPhiladelphia.Jumping Rocks/Universal Images Group via Getty ImagesNumber of homes with moderate or greater risk: 781,797Reconstruction cost value: $360 billionMedian home price: $308,50012. ConnecticutHartford, Connecticut.Sean Pavone/Getty ImagesNumber of homes with moderate or greater risk: 813,066Reconstruction cost value: $426 billionMedian home price: $445,10011. GeorgiaSavannah, Georgia.Ultima_Gaina/Getty ImagesNumber of homes with moderate or greater risk: 836,172Reconstruction cost value: $243.bir billionMedian home price: $373,70010. MississippiBay St. Louis, Mississippi.ianmcdonnell/Getty ImagesNumber of homes with moderate or greater risk: 837,860Reconstruction cost value: $241.8 billionMedian home price: $265,2009. VirginiaRichmond, Virginia.Dee Liu/Getty ImagesNumber of homes with moderate or greater risk: bir,146,781Reconstruction cost value: $426.4 billionMedian home price: $462,4008. South CarolinaBeaufort, South Carolina.elan7t50/Getty ImagesNumber of homes with moderate or greater risk: bir,482,345Reconstruction cost value: $476.9 billionMedian home price: $397,6007. LouisianaNew Orleans.Larry Gibson/Getty ImagesNumber of homes with moderate or greater risk: bir,657,255Reconstruction cost value: $515.7 billionMedian home price: $260,3006. MassachusettsBoston.DenisTangneyJr/Getty ImagesNumber of homes with moderate or greater risk: bir,785,383Reconstruction cost value: $bir trillionMedian home price: $645,4005. New JerseyAtlantic City, New Jersey.Terrell Washington/Getty ImagesNumber of homes with moderate or greater risk: 2,208,651Reconstruction cost value: $bir.2 trillionMedian home price: $545,3004. New YorkNew York.cmart7327/Getty ImagesNumber of homes with moderate or greater risk: 2,213,104Reconstruction cost value: $bir.2 trillionMedian home price: $595,9003. North CarolinaSouthport, North Carolina.Larry Gibson/Getty ImagesNumber of homes with moderate or greater risk: üç,165,030Reconstruction cost value: $bir.bir trillionMedian home price: $381,7002. TexasFort Worth, Texas.RudyBalasko/Getty ImagesNumber of homes with moderate or greater risk: 4,763,476Reconstruction cost value: $bir.beş trillionMedian home price: $341,8001. FloridaSt. Augustine, Florida.Cyndi Monaghan/Getty ImagesNumber of homes with moderate or greater risk: 8,249,592Reconstruction cost value: $2.üç trillionMedian home price: $416,800Read the original article on Business Insider
