| TOP 10 MOST COSTLY CATASTROPHES, UNITED STATES (1) |
($ millions)
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Estimated insured property losses |
| Rank |
Date |
Peril |
Dollars when occurred |
In 2014 dollars (2) |
| 1 |
Aug. 2005 |
Hurricane Katrina |
$41,100 |
$48,383 |
| 2 |
Sep. 2001 |
Fire, explosion: World Trade Center, Pentagon terrorist attacks |
18,779 |
24,279 |
| 3 |
Aug. 1992 |
Hurricane Andrew |
15,500 |
23,785 |
| 4 |
Oct. 2012 |
Hurricane Sandy |
18,750 |
19,307 |
| 5 |
Jan. 1994 |
Northridge, CA earthquake |
12,500 |
18,345 |
| 6 |
Sep. 2008 |
Hurricane Ike |
12,500 |
13,639 |
| 7 |
Oct. 2005 |
Hurricane Wilma |
10,300 |
12,125 |
| 8 |
Aug. 2004 |
Hurricane Charley |
7,475 |
9,083 |
| 9 |
Sep. 2004 |
Hurricane Ivan |
7,110 |
8,639 |
| 10 |
Apr. 2011 |
Flooding, hail and wind including the tornadoes that struck
Tuscaloosa and other locations |
7,300 |
7,652 |
(1) Property losses only. Excludes flood damage covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2014 by ISO using the GDP implicit price deflator.
Source: Property Claim Services (PCS®), a Verisk Analytics® business. |
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