More Than 48,000 Homes Face Hurricane Lane Damage

Aug 23, 2018

As Hurricane Lane approaches Hawaii, CoreLogic is estimating that 48,617 homes with a total reconstruction cost value (RCV) of approximately $8 billion are at an extreme-to-very high risk of hurricane-driven flood damage.

Most of the potential damage is on Oahu, which has 36,083 homes at extreme or very high risk of flood damage, totaling just over $5 billion in RCV. Maui, with 7,143 homes at extreme or very high risk of flood damage, faces just over $1 billion in RCV. Kauai, with 3,510 homes at extreme or very high risk of flood damage, totals just over $923 million in RCV. And the main island of Hawaii, with 1,881 homes at extreme or very high risk of flood damage, totals just over $424 million in RCV.

As of 5:00 a.m. ET this morning, the Hurricane had maximum sustained winds of 145 mph, straddling the line between a Category 4 and 5 storm. The last severely damaging hurricane to directly hit Hawaii was Iniki, a Category 4 storm that killed six people in September 1992.

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Phil Hall

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Aug 23, 2018

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