Flood loss for residential and commercial properties in North Carolina, South Carolina and Virginia is estimated between $19 billion and $28.5 billion—this includes storm surge and inland flooding. Wind losses are estimated to be an additional $1 billion to $1.5 billion. This analysis includes residential homes and commercial properties, including contents and business interruption
In a separate analysis, CoreLogic is estimated that uninsured flood loss for the region to be between $13 billion and $18.5 billion, while insured flood loss from private insurers is estimated at less than $5 billion, while the insured flood loss covered by the National Flood Insurance Program (NFIP) is estimated to be between $2 billion and $5 billion. A total of 445,000 total residential and commercial NFIP property policies were in place in the three states impacted by the hurricane.