Florence May be the Most Expensive Storm to Strike the US Analytics firm CoreLogic says
Hurricane Florence could cost the East Coast more than $170 billion. The costliest hurricane to date is Katrina, which struck in 2005 and caused an estimated
$161 billion. CoreLogic adds that the incoming category 4 hurricane could also damage nearly 759,000 homes and businesses. This would make Florence the costliest storm ever to hit the U.S. in terms of property loss. Florence is due to make landfall somewhere in the Carolinas late Friday or Saturday. CoreLogic's analysis says many swath communities along the East Coast are vulnerable. These communities range from Charleston, South Carolina up to Virginia Beach, Virginia.
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