Learn more about AIR's modeled insured loss estimates for the United States

August 28, 2016 / 1 min read

Insured physical damage to property (residential, commercial, industrial, auto), both structures and their contents
Additional living expenses (ALE) for residential claims
For residential lines, 5 percent of modeled storm surge damage as wind losses
For commercial lines, insured physical damage to structures and contents, and business interruption directly caused by storm surge (other flood losses are not modeled or reflected in estimates; business interruption losses include direct and indirect losses for insured risks that experience physical damage)
For the automobile line, estimates reflect AIR’s view that insurers will pay 100 percent of the storm surge damage
2017 indexed take-up rates

Losses paid out by the National Flood Insurance Program
Losses resulting from the compromise of existing defenses (e.g., natural and man-made levees)
Losses from the flooding of tunnels and subways
Losses to uninsured properties
Losses to infrastructure
Losses to inland marine, marine cargo and hull, and pleasure boats
Losses from extra-contractual obligations
Losses from hazardous waste cleanup, vandalism, or civil commotion, whether directly or indirectly caused by the event
Other non-modeled losses, including those resulting from tornadoes spawned by the storm
Losses for U.S. offshore assets and non-U.S. property