Table 1 - Current dollar estimates of $30 billion in damages directly related to Hurricane Andrew in south Florida.
Based on Rappaport (1993), updated and extended where possible.
Type of Loss | Amount ($billions) | Source(s)/Notes |
---|---|---|
Common insured private property | 16.5 | Sheets (1994), includes homes, mobile homes, commercial and industrial properties and their contents, boats, autos, farm equipment and structures, etc. |
Uninsured homes | 0.35 | The Miami Herald, 16 February 1993, reported in Rappaport (1993). |
Federal Disaster Package | 6.5 | Anderson et al. (1992); represents 90% of $7.2 billioin package (the rest went to Louisiana). |
Public infrastructure State County City Schools |
0.05 0.287 0.06 1.0 |
Filkins (1994), tax revenue shortfall. Rappaport (1993). Tanfani (1992), Miami only. Rappaport (1993). |
Agriculture Damages Lost Sales |
1.04 0.48 |
McNair (1992a,b). Fatsis (1992). |
Environment | 2.124 | Rappaport (1993); includes state request for clean-up and repair of parks, marinas, beaches, and reefs. |
Aircraft | 0.02 | Rappaport (1993). |
Flood Claims | 0.096 | FEMA Flood Insurance Administration, reported in Rappaport (1993). |
Red Cross | 0.07 | Swenson (1993). |
Defense Department | 1.412 | GAO (1993), for DOD and US Army Corps of Engineers expenses during recovery. |
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