In 2022, New York was the U.S. metropolitan area with the highest number of single-family homes at risk of storm surge. The reconstruction cost value (RCV) for such residences in the metro area was estimated at roughly 370 billion U.S. dollars. In another four metropolitan areas in the country reconstruction costs were also expected to surpass 100 billion dollars. Storm surge refers to the unusual rise in seawater during a storm or hurricane, which can result in fatalities and severe property damage.
Leading metropolitan areas in the United States in 2022, by reconstruction cost value (RCV) of single-family homes at risk of storm surge
(in billion U.S. dollars)
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Insurance Information Institute. (December 19, 2022). Leading metropolitan areas in the United States in 2022, by reconstruction cost value (RCV) of single-family homes at risk of storm surge (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/784253/rcv-of-homes-at-risk-of-storm-surge-usa-by-metro-area/
Insurance Information Institute. "Leading metropolitan areas in the United States in 2022, by reconstruction cost value (RCV) of single-family homes at risk of storm surge (in billion U.S. dollars)." Chart. December 19, 2022. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/784253/rcv-of-homes-at-risk-of-storm-surge-usa-by-metro-area/
Insurance Information Institute. (2022). Leading metropolitan areas in the United States in 2022, by reconstruction cost value (RCV) of single-family homes at risk of storm surge (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/784253/rcv-of-homes-at-risk-of-storm-surge-usa-by-metro-area/
Insurance Information Institute. "Leading Metropolitan Areas in The United States in 2022, by Reconstruction Cost Value (Rcv) of Single-family Homes at Risk of Storm Surge (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Dec 2022, https://www.statista.com/statistics/784253/rcv-of-homes-at-risk-of-storm-surge-usa-by-metro-area/
Insurance Information Institute, Leading metropolitan areas in the United States in 2022, by reconstruction cost value (RCV) of single-family homes at risk of storm surge (in billion U.S. dollars) Statista, https://www.statista.com/statistics/784253/rcv-of-homes-at-risk-of-storm-surge-usa-by-metro-area/ (last visited November 08, 2024)
Leading metropolitan areas in the United States in 2022, by reconstruction cost value (RCV) of single-family homes at risk of storm surge (in billion U.S. dollars) [Graph], Insurance Information Institute, December 19, 2022. [Online]. Available: https://www.statista.com/statistics/784253/rcv-of-homes-at-risk-of-storm-surge-usa-by-metro-area/
