| Top 10 Costliest Natural Catastrophes, United States (1) |
($ millions)
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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 Insurance 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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