Hurricane Michael is nearing landfall on the Florida Gulf Coast on Wednesday October 10. The storm is bringing harmful wind gusts and flooding to Florida and Alabama, wherever a state of emergency has been declared, and weighty rains from the storm are estimated in the Carolinas and Georgia.
Preliminary estimates from CoreLogic® explain to facilitate 57,002 homes in the Florida Gulf Coast are on aptitude hazard of storm upwelling destruction from Hurricane Michael based on its projected Category 3 status on landfall. The aggregate modernization cost appreciate of these homes is approximately $13.4 billion. This is likely to adjust as the storm develops.