Hurricane Helene will be more costly than Hurricane Milton

190

1kṀ46k

resolved Oct 25

Resolved

YES

ALL

[image]Helene came in at $30B in claims, Milton estimated at $30-50B, mostly due to demand surge, where builders have to pay extra to get supplies as local sources have been tapped out for Helene repairs. Milton hitting a more occupied area also played a role.

Hurricane Milton’s losses of up to $34 billion could make it one of the costliest storms in US history The Milton losses will likely total far below CoreLogic’s estimated losses of up to $47.5 billion from Hurricane Helene, which came only two weeks before Milton. But it could still make Milton one of the 10 costliest hurricanes to ever hit the United States in terms of insured losses, including the losses covered by the NFIP. -CNN

This will be Resolved two weeks after Hurricane Milton has been downgraded below a Tropical Depression based on which storm has a higher estimated total cost of damages, according to Wikipedia (mana market edit: and a few other reputable sources, comparing each sources reporting of both storms. If there are overlapping ranges, or there’s no clear consensus and they’re listed as being equally damaging, this will Resolve NO, per the description as originally written).

If there’s a range of damages, this will look at the top of the range for both storms. If this is a tie, it will Resolve NO.

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