This week, the impact of Hurricanes Helene and Milton continues to be felt across Florida, especially in the south Tampa area.
Streets in the affluent Sunset Park Isles neighborhood are lined with piles of damaged furniture and household items, remnants of the storm surge that swept through after Helene struck in late September.
As residents prepare for sanitation crews to collect the debris, the sight resembles a massive outdoor garage sale, though these items bear no price tags due to their severe damage.
The aftermath of these hurricanes has highlighted a significant concern: a low percentage of homeowners carry flood insurance.
In Florida’s high-risk flood zones, only about 35% of homes are insured, while statewide coverage drops to around 20%.
Piles of storm-damaged furniture line Tampa streets as residents recover from recent hurricanes.Jeff Brandes, a local businessman, emphasizes the need for better incentives to encourage homeowners to secure flood insurance, as many Floridians are unaware of the risks, given that no one lives more than 70 miles from the coast.
With estimated losses from Hurricane Milton ranging between $30 billion and $50 billion, the situation for Florida’s insurance market is precarious.
Rating agencies have warned that these storms pose significant threats, while state officials downplay the damage.
The response to evacuation orders for Milton showed a stark difference compared to past storms, as many residents heeded warnings, reflecting a growing awareness of hurricane risks.
As recovery efforts begin, officials and residents alike are grappling with the financial burden of repairs and the pressing need for better flood insurance coverage in light of the increasing frequency of such severe weather events.