Irma’s Cost on Florida

Costs to the state of Florida from the effects of Hurricane Irma are staggering:

• The insurance industry is facing $6.55 billion in property damage claims.
• Utility customers may be asked to pay more than $1 billion for power restoration.
• Agriculture officials estimate a $2.5 billion hit on crops and facilities.
• The Florida Division of Emergency Management says federal agencies have provided more than $2.49 billion to help cover losses.

Also impacting the state are costs from Hurricane Maria, which caused massive evacuations from Puerto Rico and the Virgin Islands to the state.

— News Service of Florida