Damage and insurance losses from Hurricane Helene could cost billions

Storm damage — Hurricane Helene's floodwaters left, but damage remained at Ken Ganley Kia New Port Richey in Florida, where 672 vehicles were totaled following the storm. Changes to insurance policies or coverage could affect auto dealerships, which typically hold a higher level of expensive assets than homeowners. (KEN GANLEY KIA NEW PORT RICHEY)

October 04, 2024 08:33 PM

Hurricane Helene and far-reaching natural disasters of its scale could trigger insurance providers to reevaluate how they price policies and what types of coverage they offer.

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