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Over the first nine months of 2022 the U.S. experienced 15 disasters that each caused at least $1 billion in damage. Hurricane Ian is taking the largest toll of these disasters by far – but the extent of the damage could take years to calculate with any precision. Preliminary property damage estimates for Ian so far range from $42 billion to as much as $258 billion, with some landing in the middle. One way to reduce disaster losses is to buy out properties from homeowners residing in flood-prone areas.