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

AIR’s modeled insured loss estimates for the United States include:

  • 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

AIR’s modeled insured loss estimates do not include:

  • 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

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