Storm surge property damage could top $300 billion in 10 major U.S. cities along the Gulf and Atlantic coasts, with most at-risk homes in the threatened areas outside of current FEMA flood zones, according to a study by CoreLogic, a leading provider of consumer, financial and property information and business services.
The 2011 CoreLogic Storm Surge Report complements the Federal Emergency Management Agency (FEMA) flood zone information to provide a complete picture of potential damage exposure at the property level.
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