Estimated Value Of Insured Coastal Properties Vulnerable To Hurricanes By State, 2015 (1) |
($ billions)
|
Rank |
State |
Commercial |
Residential |
Total Coastal |
Total exposure (2) |
Coastal as a percent of total |
1 |
New York |
$2,093 |
$1,272 |
$3,365 |
$5,571 |
68% |
2 |
Florida |
1,483 |
1,718 |
3,200 |
4,058 |
79 |
3 |
Virginia |
92 |
106 |
1,993 |
2,078 |
10 |
4 |
Texas |
725 |
638 |
1,363 |
5,358 |
28 |
5 |
Massachusetts |
441 |
511 |
953 |
1,765 |
54 |
6 |
New Jersey |
373 |
422 |
795 |
2,453 |
32 |
7 |
Connecticut |
290 |
385 |
675 |
1,025 |
64 |
8 |
Louisiana |
182 |
147 |
329 |
896 |
38 |
9 |
South Carolina |
112 |
126 |
239 |
931 |
26 |
10 |
Maine |
73 |
111 |
184 |
321 |
53 |
11 |
North Carolina |
69 |
109 |
178 |
2,014 |
8 |
12 |
Alabama |
63 |
65 |
128 |
1,014 |
13 |
13 |
Georgia |
53 |
56 |
109 |
2,171 |
5 |
14 |
Delaware |
34 |
59 |
93 |
241 |
29 |
15 |
New Hampshire |
32 |
42 |
74 |
328 |
23 |
16 |
Mississippi |
36 |
35 |
71 |
527 |
14 |
17 |
Rhode Island |
25 |
46 |
71 |
241 |
22 |
18 |
Maryland |
8 |
10 |
18 |
1,476 |
1 |
|
All states above |
$6,184 |
$5,858 |
$13,838 |
$32,468 |
38% |
|
Total, United States |
$6,184 |
$5,858 |
$13,838 |
NA |
16% |
(1) Includes residential and commercial Gulf and East Coast properties, as of December 31, 2015. Ranked by value of total insured coastal property.
(2) Total exposure is an estimate of the actual total value of all property in the state that is insured or can be insured, including the full replacement value of structures and their contents, additional living expenses and the time value of business interruption coverage.
NA=Data not available.
Source: AIR Worldwide. |
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