Do you know which hurricane takes the cake as the most damage in US history?
According to Arcgis.com, it’s The Great Miami Hurricane of 1926. A Category 4 storm, it caused $105 million (over $157 billion by today’s standards) in damages. It claimed 372 lives. It struck Miami on September 18th, virtually destroying it, dealing double the damage of the more recent Hurricane Katrina.
Flood insurance is often shrugged off under the category of, “Do I really need it?”
You might be surprised by the answer to that question. A single-family home valued at less than $250k that floods will likely incur more damage on the home than it is worth.
Want to know what the second-highest damaging hurricane was? Learn moreDo you really need flood insurance?