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Hurricane Delta’s storm surge threat to US homes up to $63bn: CoreLogic

8th October 2020 - Author: Charlie Wood

Catastrophe risk modeller CoreLogic has released data analysis showing 293,685 homes with a reconstruction cost value of around $62.85 billion are at risk of storm surge damage from Hurricane Delta, based on its projected Category 2 status at landfall.

Hurricane Delta

(NASA via AP)

The data includes single-family and multifamily homes across Louisiana and the US Gulf Coast.

Delta buffeted the northern coast of Quintana Roo, Yucatan with wind speeds of 175km/h (110mph), having weakened slightly from its earlier Category 4 strengths.

The storm is expected to intensify again to Cat 3 or 4 as it crosses the Gulf of Mexico, with a second landfall in Louisiana currently forecast by the NOAA on Friday evening.

CoreLogic says the primary threats as hurricane Delta makes landfall in central Louisiana will be storm surge and damaging winds.

Heavy rainfall is also expected, but a fast storm speed is expected to limit catastrophic inland flooding.

“After battering the Yucatán Peninsula near Cancún, Mexico, Hurricane Delta is headed for the Gulf Coast just weeks after Hurricane Laura brought significant wind and storm surge damage to the Texas and Louisiana coastlines,” said Curtis McDonald, meteorologist and senior product manager of CoreLogic

“Residents in these coastal areas are already trying to recover from their losses and are now faced with a second substantial storm. This season has been relentless, and Louisianans should be prepared for the long recovery road ahead.”

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