The 2024 hurricane season presented challenges for insurers thanks largely to hurricanes Beryl, Helene, and Milton—the three powerful storms caused more than $138 billion in damage as well as $52 million in insured losses.
Nearmap, an aerial imagery and location intelligence system provider, analyzed 7.5 million properties linked to the three hurricanes.
The analysis shows more than 484,107 properties were impacted, 98,443 properties suffered severe damage and 5,193 properties were completely destroyed.
The storms yielded massive losses of property and produced large numbers in terms of insured and total losses.
Five hurricanes (Debby, Beryl, Francine,