Hurricane Ian damages tens of billions of dollars

Hurricane Ian damages tens of billions of dollars


Photo: ANP

The damage caused by Hurricane Ian, which hit the state of Florida in the southern United States, will reach tens of billions of dollars. According to an agency that calculates insurance risk, damages to US insurers from Ian will amount to at least $63 billion. This concerns, for example, damage to homes, businesses, factories and cars.

This means that the insured damage will be higher than expected, because analysts previously expected an amount of between 30 and 40 billion dollars. Total damage could reach more than $100 billion. This includes, for example, uninsured homes, as well as infrastructure and damage removal costs. Ian will become the most expensive hurricane to ever hit Florida.

Ian flooded entire cities and also led to dozens of deaths. Nearly two million homes in the southern United States are without electricity. President Joe Biden has already declared Ian a major disaster. As a result, residents of affected areas can claim financial assistance and other resources, such as temporary shelter and home repairs.

See also  CEO Magna Steyer comes to the rescue of Rivian

Leave a Reply

Your email address will not be published.