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The Actual Cost Of Hurricane Irma May Surprise You

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News video: The Actual Cost Of Hurricane Irma May Surprise YouWhile Irma came and went, leaving a path of destruction in its wake, what the damage of the storm is going to cost may not be as bad as predicted. Josh King has the story (@abridgetoland).

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Transcript: The Actual Cost Of Hurricane Irma May Surprise You

While Irma came and went, leaving a path of destruction in its wake, what the damage of the storm is going to cost may not be as bad as predicted.

According to Bloomberg, Irma is expected to cost over $50 billion dollars for Florida.

Which is close to $150 billion less than what was initially predicted.

Apparently a little wobble is the huge difference in Florida avoiding an astronomical amount of damage.

The Bermuda or Azores High -- which as Bloomberg says acts like a traffic weather cop for the tropical North Atlantic Ocean -- jostled the Hurricane and pushed it over land in Cuba, which weakened it before hitting Florida.

Still, in addition to the damage costs in Florida, Irma did another $30 billion in damage to the Caribbean and Cuba.

Cleanup and damage costs are still being tallied but insurers are already looking to the $17 billion dollars in the Florida Hurricane Catastrophe Fund for help, according to the New York Times.

Meteorologists are now eyeing Hurricane Jose, and struggling to predict if it will take an odd looping path that will bring it near the Bahamas and the U.S. in the coming days.

President trump announced via twitter that he will be traveling to Florida on Thursday to meet with the coast guard, FEMA and first responders among others.



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