Devastation and Costs Soar as Hurricanes Helene and Milton Leave Behind a Trail of Destruction
Monstrous hurricanes Helene and Milton wreaked havoc in Florida and the Carolinas, causing over $50 billion in damages. Unfortunately, most of the damage was uninsured, leaving victims in a dire financial situation.
Experts attribute the increasing costs to factors such as rebuilding expenses outpacing inflation, human-induced climate change, and the rising frequency of severe storms. The devastating impacts of hurricanes now far surpass those of previous decades, with Milton and Helene posing a significant threat to the list of most expensive storms.
The escalating costs highlight the urgent need to address climate change and reevaluate insurance coverage in high-risk areas to mitigate future financial burdens on both individuals and society as a whole.