Top 10 Costliest Catastrophes, United States (1) |
($ millions)
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Estimated insured property loss |
Rank |
Date |
Peril |
Dollars when occurred |
In 2017 dollars (2) |
1 |
Aug. 2005 |
Hurricane Katrina |
$41,100 |
$50,751 |
2 |
Sep. 2017 |
Hurricane Maria |
(3) |
(3) |
3 |
Sep. 2017 |
Hurricane Irma |
(3) |
(3) |
4 |
Sep. 2001 |
September 11: Fire, Explosion: World Trade Center, Pentagon terrorist attacks |
18,779 |
25,405 |
5 |
Oct. 2012 |
Hurricane Sandy |
18,750 |
20,240 |
6 |
Aug. 2017 |
Hurricane Harvey |
(3) |
(3) |
7 |
Aug. 1992 |
Hurricane Andrew |
15,500 |
24,852 |
8 |
Jan. 1994 |
Northridge, CA earthquake |
12,500 |
19,169 |
9 |
Sep. 2008 |
Hurricane Ike |
12,500 |
14,311 |
10 |
Oct. 2005 |
Hurricane Wilma |
10,300 |
12,719 |
(1) Property losses only. Excludes flood damage covered by the federally administered National Flood Insurance Program. Ranked on dollars when occurred. As of December 11, 2018.
(2) Adjusted for inflation through 2017 by the Insurance Information Institute using the GDP implicit price deflator.
(3) Loss estimate not yet available from PCS, but a relative ranking is provided.
Source: The Property Claim Services® (PCS®) unit of ISO®, a Verisk Analytics® company, U.S. Bureau of Economic Analysis. |
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