Hurricane Helene anticipated to be one of many costliest storms in U.S. historical past

Moody’s Analytics predicts Hurricane Helene will trigger $15 to $26 billion in property injury alone, and AccuWeather estimates the full injury and financial loss might price as much as $110 billion. These figures would make Helene one of the crucial costly storms within the nation’s historical past. Mark Friedlander, spokesperson for the Insurance Information Institute, joins CBS News to elucidate how the pure catastrophe will influence house insurance coverage costs.

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