Missouri ranks 16th on real estate market tracker CoreLogic's list of the states most susceptible to property damage caused by natural hazards.
The tornado-prone Show-Me State's hazard risk score granted by CoreLogic is 57.81 out of a possible 100, according to a news release from the Irvine, Calif.-based company (NYSE: CLGX).
CoreLogic's top five riskiest states for natural disaster property damage are:
- Florida, 94.51;
- Rhode Island, 79.67;
- Louisiana, 79.23;
- California, 75.56; and
- Massachusetts, 72.12.
"Florida's high level of risk is driven by the potential for hurricane winds and storm surge damage along its extensive Atlantic and Gulf coastline, as well as the added potential for sinkholes, flooding and wildfires. Michigan alternatively ranks low for most natural hazard risks, other than flooding," said Howard Botts, vice president and chief scientist for CoreLogic Spatial Solutions, in the release.
Michigan has a hazard risk score of 20.22 on the list, making it the safest bet for the least amount of property damage caused by natural hazards, CoreLogic reports.
The CoreLogic report assigned risk scores based on nine hazards: flood, surge, hurricane wind, wildfire, earthquake, hail, tornado, straight-line winds and sinkhole.[[In-content Ad]]