KCC Flash Estimate - Hurricane Milton
October 15, 2024
Based on the high-resolution KCC US Hurricane Reference Model, KCC estimates that the privately insured loss from Hurricane Milton will be close to $36 billion in the US from wind, storm surge, and inland flooding.
The estimate includes the privately insured damage to residential, commercial, and industrial properties and automobiles, as well as business interruption. It does not include boats, offshore properties, or NFIP losses.