The 2018 storm surge report
The 2018 CoreLogic Storm Surge Report provides an annual evaluation of the number and associated reconstruction cost value (RCV) of single-family residential homes in the U.S. that are vulnerable to storm surge from the Gulf of Mexico and Atlantic basins. This year’s analysis shows which areas along the coasts are susceptible, their associated risk and their potential damage. The risk of storm surge flooding is not uniform along the coasts or limited only to states with a reputation for more frequent hurricane activity such as Florida or Louisiana. Every state with a coastline that borders the Gulf or the Atlantic has at least one area of extreme storm surge risk. As the 2018 analysis shows, the total number of homes and the related RCV has increased over the past year.
The Report provides the following data and analysis:
- The number of homes at risk of storm surge flooding by state and Core-Based Statistical Area (CBSA)
- The reconstruction cost value for at-risk homes
- The probabilistic loss analysis of the storm surge from Hurricanes Harvey and Irma
- A pre-season forecast for 2018