No. of Recommendations: 3
Hurricane Helene is going very close to the path of Hurricane Debby from August.
Hurricane Debby was responsible for by some estimates $12B in damages. But much of it was in areas that were not FEMA flood zones and thus most homeowners did not have flood insurance.
thehill.com - Hurricane debbie flood damage uninsuredAs of September, Florida insurers had totaled $121M with 60% of cases closed. Most homeowner insurance cases due to Debby were closed with not payment.
insurancejournal.com: Hurricane Debby Florida Losses Top $121M; 60% of Claims ClosedWith Hurricane Helene obviously a bigger and more powerful storm, the question is going to arise. How many new flood insurance policies were issued in the past two months? And will there be more windstorm damage, which would be covered under standard homeowners insurance.
