Top 10 Costliest Natural Catastrophes, United States (1) |
($ millions)
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|
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Estimated insured property loss |
Rank |
Year |
Peril |
Dollars when
occurred |
In 2020
dollars (2) |
1 |
2005 |
Hurricane Katrina |
$65,000 |
$86,570 |
2 |
2012 |
Hurricane Sandy |
30,000 |
33,930 |
3 |
2017 |
Hurricane Harvey |
30,000 |
31,960 |
4 |
2017 |
Hurricane Irma |
30,050 |
31,840 |
5 |
2017 |
Hurricane Maria |
29,500 |
31,300 |
6 |
1992 |
Hurricane Andrew |
16,000 |
29,700 |
7 |
1994 |
Northridge earthquake |
15,300 |
27,370 |
8 |
2008 |
Hurricane Ike |
18,200 |
21,760 |
9 |
2012 |
Drought loss |
14,400 |
16,610 |
10 |
2005 |
Hurricane Wilma |
10,666 |
14,010 |
(1) Natural disasters that cause at least $25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Includes Puerto Rico and the U.S. Virgin Islands. Includes losses sustained by private insurers and government-sponsored programs such as the National Flood ÐÓ°ÉÔ´´ Program. Subject to change as loss estimates are further developed. As of February 23, 2021.
(2) Adjusted for inflation by Aon using the U.S. Consumer Price Index.
Source: Aon. |
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