Oncken Insurance Agency, P.C. Blog |
Floods have been one of the terrifying calamities in the history of the world. It has led to so many disasters that claimed the lives and property of many people around the world, especially in the US. The flooding caused by Hurricane Katrina in Southern Louisiana (2005), and Hurricane Harvey in Houston, Texas (2017) was unforgettable. Hurricane Katrina had fatalities that amounted to almost two thousand people (1,833 to be exact). The cost of the damage to properties amounted to $103.9 Billion! It was fortunate that Hurricane Harvey had lesser casualties compared with Hurricane Katrina (with only 89 fatalities), but the damage to properties all over amounted to $126.3 Billion!
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