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Hurricane Matthew floods in N.C. cause more than a billion in estimated damage

RALEIGH, N.C. -- Flooding spawned by Hurricane Matthew has caused $1.5 billion in damage to 100,000 homes, businesses and government buildings in North Carolina, according to a state estimate.

Cresting rivers in North Carolina threaten to cut off communities 02:10

The figure released late Saturday represents one of the first detailed analyses of damage from the storm, and it’s part of a growing picture of Matthew’s financial impact.

With floodwaters yet to recede in some communities, officials say the number could fluctuate.

“I do think that there may be more out there,” John Dorman, an assistant state emergency management director, said of whether the number could grow.

Dorman said the state’s computer modeling combines property records, topography and stream gauges to estimate how many feet of water have affected a given building -- and how much damage that water caused. The state also used manned aircraft and drones to verify projections.

Damage estimates for buildings where the water only reaches the base of the foundation can be as low as $200 to $300, while estimates for buildings in which the water reach several feet are much higher, Dorman said. The system uses property tax values that are updated regularly and other calculations to estimate damage.

The figure released this weekend is one piece of the overall picture of how the storm affected the state. For example, it doesn’t include the cost of repairing damaged roads and bridges or replacing belongings inside damaged buildings, which are often covered by insurance policies.

Hurricane Matthew was blamed for killing at least 43 people in the United States -- 26 of them in North Carolina -- with most deaths caused by flooding. In Haiti, at least 500 storm-related deaths were reported.

Searchers found two more bodies inside vehicles that were submerged in floodwaters in North Carolina from Hurricane Matthew, increasing the toll in the state to 26 dead, Gov. Pat McCrory said Saturday.

McCrory talked a lot about recovery at his Saturday news conference -- one week after the hurricane dumped more than a foot of rain 100 miles inland causing massive flooding in the eastern part of the state. Towns such as Princeville, Lumberton and Fair Bluff remain under water, and not all rivers have crested.

Thousands who’ve lost their homes and vehicles face immense uncertainty, CBS Radio News correspondent Jim Krasula reported.

“Where’re we going to live, if we’re going to have anything when everything is finished,” Joy Taylor told Krasula. “We just don’t know.”

Early next week, McCrory plans to release a detailed plan of how North Carolina will rebuild, including how to pay for the effort.

Even before the extent of the flooding was known, real-estate and insurance research firms had estimated that damage from Hurricane Matthew would be at least several billion dollars across multiple states.

North Carolina floods continue to strand communities 03:02

In North Carolina, the hurricane dumped more than a foot of rain 100 miles inland, causing massive flooding in the eastern part of the state.

Meanwhile, in South Carolina, emergency officials are still closely watching the swollen Waccamaw and Little Pee Dee rivers.

Beyond estimating losses, North Carolina’s software directed rescue crews to areas where flooding was dangerous, and prompted evacuations of inmates from two facilities, Dorman said.

The computer mapping project began in the years after Hurricane Floyd in 1999. The state remapped North Carolina’s flood plains and collected data on more than 5 million buildings in the state.

“This is also helping to save lives and be operational, as opposed to just damage information,” Dorman said.

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