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We’d like to thank our conference sponsors

Welcome to the FAIR Foundation Educating all property owners on the perils
of being under-insured in times of unexpected natural catastrophes.

Learn More


WHO WE ARE

A partner organization of the Florida Association for Insurance Reform (FAIR), the FAIR Foundation, a 501(c)3 organization. We provide academic research and support to consumers and insurance stakeholders on insurance and risk management issues here in Florida.

WHAT WE DO

Educate consumers and create awareness about the danger of being uninsured and the need to be prepared for the next Big Storm. We do this through conferences, workshops and educational programs throughout the state of Florida.

Why WE DO IT

More than half of the homes in storm surge areas are not prepared for disaster, and their lives could be devastated. We believe it is imperative to alert these homeowners of the dangers, and to educate them so we can make Florida safer and stronger NOW and for many years to come.


The Numbers

Major Florida Metropolitan Areas With Highest Storm Surge Risk (2016)

National Rankings By Storm Surge Risks for Top Metro Areas [1] Metropolitan Areas [1] Total Homes At Risk For Storm Surge [2] Total Homes Located in Special Flood Hazard Areas (Flood Insurance Mandatory) Total Homes At Risk For Storm Surge Outside Of FEMA SFHAs (Flood Insurance Voluntary) [2] % Of Homes At Risk Outside of FEMA SFHAs [2] Total Estimated Reconstruction Cost Value For All At Risk Homes [1] Total National Flood Assistance Insurance Policies In Force [3] % Of At Risk Homes With NFIP Policies At Risk Homes Without NFIP Policies % Of At Risk Homes Without NFIP Policies
 
1 Miami, FL 998,565 606,196 392,369 39.30% $143,949,383,422 731,402 73.25% 267,163 26.75%
3 Tampa, FL 482,562 226,305 256,257 53.10% $80,627,283,072 224,925 46.61% 257,637 53.39%
6 Cape Coral, FL 308,485 143,879 164,606 53.40% $61,989,183,591 124,941 40.50% 183,544 59.50%
8 Bradenton, FL 256,862 86,860 166,002 65.60% $47,331,097,845 100,984 39.31% 155,878 60.69%
9 Naples, FL 183,464 109,236 74,228 40.50% $43,178,509,775 98,980 53.95% 84,484 46.05%
10 Jacksonville, FL 177,703 43,123 134,580 75.70% $35,807,031,665 84,481 47.54% 93,222 52.46%
 
Total: 2,407,641 1,188,042 $412,882,489,370 1,365,713 1,041,928
 

1. Botts et al. “2016 CoreLogic Surge Report” CoreLogic. Web. June 2016, table 5

2. Botts et al. “2016 CoreLogic Surge Report” CoreLogic. Web. June 2016, table 6

3. NFIP policy counts based on National Flood Insurance Program BureauNet. “Policy Information By State/” FEMA. Web. 31 May, 2016.

http://bsa.nfipstat.fema.gov/reports/1011.htm



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