An analysis by CoreLogic has revealed that a staggering 32.7 million homes are at risk of damage during the 2024 Atlantic Hurricane Season, with a combined reconstruction cost estimated at $10.8 trillion. This alarming statistic underscores the potential impact of natural disasters on the housing market and the need for comprehensive risk management strategies.
Key points:
– CoreLogic’s report highlights the immense financial risk posed by natural disasters to homeowners and insurers alike
– The findings emphasize the importance of proactive measures to mitigate the potential impact of hurricanes and other extreme weather events
– Industry stakeholders should take note of these statistics and work towards implementing effective risk reduction strategies to protect both properties and residents in at-risk areas.
You can read this full article at: https://wrenews.com/corelogic-32-7-million-homes-face-damage-risk-in-2024-atlantic-hurricane-season/
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