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VALUE OF INSURED COASTAL PROPERTIES VULNERABLE TO HURRICANES BY STATE, 2007 (1) ($ billions) State Coastal Total exposure (2) Coastal as a percent of total Florida $2,458.6 $3,119.6 79% New York 2,378.9 3,493.1 62% Texas 895.1 3,493.0 26% Massachusetts 772.8 1,426.4 54% New Jersey 635.5 1,875.1 34% Connecticut 479.9 750.4 64% Louisiana 158.8 1,409.4 35% South Carolina 191.9 682.2 28% Virginia 158.8 1,409.4 11% Maine 146.9 250.0 59% North Carolina 132.8 1,431.8 9% Alabama 92.5 744.8 12% Georgia 85.6 1,573.3 5% Delaware 60.6 170.8 36% New Hampshire 55.7 237.4 23% Rhode Island 54.1 189.3 29% Mississippi 51.8 394.6 13% Maryland 14.9 1,078.4 1% Total, above states 8,890.8 23,332.4 38% (1) Includes residential and commercial properties. Ranked by value of insured coastal property. (2) Exposure is the total amount of insured property in the state. Source: AIR Worldwide. The insured value of properties in coastal areas of the United States grew at a compound annual rate of 7 percent in the three years from 2004 through 2007, according to an AIR Worldwide study. The study puts the insured value of coastal properties at $8.9 billion, or 17 percent of the insured value of properties in all states.