Hurricane season is a costly affair anywhere, but Risk Management Solutions predicts that in the future these devastating tropical depressions will make landfall in new and unexpected places. RMS recently ran the numbers for the expected monetary damage storms will produce in the next 100 years across 12 coastal cities in the United States. Curiously, instead of the usual suspects topping the charts like Florida and the Gulf Coast, new locations like Texas and Maryland are expected to be hardest hit.
According to the new RMS chart, future hurricanes will be most expensive in Baltimore, Maryland, while other cities that don’t usually see hurricanes like Biloxi, Mississippi, Tampa, Florida, and Galveston, Texas will follow close behind. Meanwhile, tropical hot zones like New Orleans and Miami are still at risk of being hit by hurricanes, but they will experience less damage. The numbers might seem improbable, but then again, nobody ever expected that a storm like Sandy would come roaring into New York.
Robert Muir-Wood, a leader of science and technology research at RMS, told Fast Coexist that cities near shallow water face the most danger. As Wood explained, “The shallower the water for a longer distance, the bigger a storm surge rises up. It can make a threefold difference in the height of a storm surge.”
While the most immediate hurricane damage might come from high wind speeds, storm surges are often more dangerous. As some New Yorkers can attest, the storm surge experienced during Hurricane Sandy caused the most economic and insurance damage, and the same could be said about the way Hurricane Katrina flooded New Orleans. RMS estimates that Hurricane Katrina caused $45 billion in flood losses and $63 billion in wind losses, while Superstorm Sandy cost over $60 billion in total damages.
Via Fast CoExist
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