Nearly 6.9 million homes are at risk of hurricane and storm damage in 2018, according to a new study by analytics provider CoreLogic.

Nearly 7 million homes across the country are at risk of hurricane or storm-related damage — havoc that could result in more than $1.6 trillion in potential reconstruction costs, according to a study by CoreLogic released Thursday.

Large numbers of homeowners are unaware of the damage that could be caused by this year’s storm season. And while Florida, Louisiana, Texas and other coastal states are facing high risks of flooding damage, millions of homes farther inland are also in danger of damage during the heaviest periods of hurricane season between July and September, according to the new study.

“It’s not the number of storms that’s important, it’s where they’re going to occur,” Dr. Tom Jeffery, CoreLogic’s senior hazard scientist said, adding that the number of endangered homes rises each year due to new construction.

In particular, 3.9 million homes along the Atlantic Coast as far north as Maine are at risk of being damaged, according to the study. Despite being fifth on the list of states with the highest numbers of at-risk properties, New York has the second-highest estimated costs of reconstruction ($190 billion) due in part to its high-density zoning and lack of general awareness of storm risk. Nationwide, the cost of reconstruction has also risen 6.6 percent compared to 2017.

The first step in protecting property against storm and hurricane damage is knowing if your home is at risk, Jeffery said. Once people know, they can choose to get insurance and prepare by moving personal objects to another floor or house in case of a storm warning.

“Preparation really involves foreknowledge,” Jeffery said. “It’s just too frequent, it’s just too common. It’s heartbreaking when you hear people say, ‘Oh, I’ve lived here for 20 years, and we’ve never had a storm that caused flooding.'”

Last year, the U.S. was pummeled by some of the biggest storms of the past decade. Hurricane Harvey, which largely hit Texas, was estimated to cause at least $180 billion damage while Hurricane Irma in the Caribbean islands and South Florida, was estimated to have caused at least $100 billion in damage.

This year is not likely to be as heavily hit by storms, Jeffery said. But while that may sound positive, it could create what he described as “hurricane amnesia,” in which people forget how much havoc a storm can wreak.

“You are not going to move or build a wall around your own property or anything like that,” Jeffery said. “But what you can do is see what the liability is of having that property insured for flood [damage].”

Email Veronika Bondarenko

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription