[deadbabe]

Hurricane risk has been grossly exaggerated for years. Every year people say it will be the end of Florida as we know it. But those promised hurricanes never come. The worst is some flooding and damage at coastal areas, but it’s always anti-climactic.

The real reason insurance is high is because of fraudulent claim risk. Hurricanes themselves are more or less a solved problem in Florida. That data is useless.

[counters]

> Hurricane risk has been grossly exaggerated for years

Year-over-year, economic impacts and disruptions due to tropical cyclones are dramatically rising. Most of this is an exposure issue. But long-tail events - like Andrew's utter devastation of Homestead in 1992 or Katrina's unique confluence of storm surge in urban/suburban parishes in LA - can and do happen.

One day, there will be another Galveston or Homestead.

[bena]

That day being essentially yesterday.

Since Katrina, the next 10 costliest hurricanes are all after.

We don't dwell on the Ikes, Idas, and Helenes because they often happen to smaller communities and they've become common enough that we've gotten a little fatigued.

[counters]

Well put.

[deadbabe]

There won’t be another Andrew because the building codes were changed so that all new construction must withstand category 5 storm force, which when Andrew came around was not a requirement. Over time, there is a natural selection that occurs where destroyed buildings are replaced with stronger buildings with stricter codes.

[counters]

> There won’t be another Andrew because the building codes were changed so that all new construction must withstand category 5 storm force

I sincerely hope you're right, but there is plenty of evidence suggesting that this will not be the case, owing to a multitude of factors:

- not all housing stock is <30 years old and has been properly retrofitted to meet state specs

- the climates around the Gulf, which tend to be more humid, can lead to premature degradation of things like strengthened anchor bolts and roof attachments

- there continue to be immense factors related to cost and time-to-build which provide significant negative pressure towards cutting corners and minimum-compliance which may mitigate some of the attendant benefits of strengthened building codes

An event like Andrew _is the selection event_ that you're referring to.

[buttercraft]

What about the flooding?

[sorcerer-mar]

....all of which makes them more expensive to insure (and build, obviously)...

[jonwachob91]

I'm from Florida - born and raised. I've never once heard anyone call any hurricane "the end of Florida as we know it". What I have heard, and seen, is extreme damages caused to homes and cars even hundreds of miles away from the eye of the storm.

In 2022, Hurricane Ian caused extreme flooding in the Orlando-region, including in areas that have never suffered from hurricane flooding before. For me personally, all 3 cars parked at my house were total losses b/c of the flood damage.

The extreme and extensive damages in the Appalachian region last fall is another great example of hurricane risk not being "grossly exaggerated".

[margalabargala]

> Hurricanes themselves are more or less a solved problem in Florida.

I'm going to go with less, though I suppose you could call "experience widespread destruction, get bailed out by the federal government, rebuild in the same spot" to be a permanent solution.

Florida has maybe solved cat 1-2 hurricanes.

[NickC25]

>The worst is some flooding and damage at coastal areas, but it’s always anti-climactic.

The residents of what used to be Ft. Meyers Beach would probably disagree with you.

>Hurricanes themselves are more or less a solved problem in Florida.

I have been in Florida for nearly a decade now. I'd say that the above statement is at best, disingenuous. It's just not true. MAYBE Cat1 hurricanes are a solved problem, but nothing above that. The busiest economic center in Florida (Miami's Brickell area) is 6 feet above sea level. Any major storm locks that part of town down for days. My own building's parking lot is 5 feet above sea level, and yes, it's flooded every time we have a storm.

[mindslight]

"I'm not moving the goalposts because my argument doesn't have any"