THE TEN MOST COSTLY CATASTROPHES, UNITED STATES (1)
|
|
|
Estimated insured property losses |
Rank |
Date |
Peril |
Dollars when occurred |
In 2013 dollars (2) |
1 |
Aug. 2005 |
Hurricane Katrina |
$41,100 |
$47,622 |
2 |
Sep. 2001 |
Fire, explosion: World Trade Center, Pentagon terrorist attacks |
18,779 |
23,895 |
3 |
Aug. 1992 |
Hurricane Andrew |
15,500 |
23,386 |
4 |
Oct. 2012 |
Hurricane Sandy |
18,750 |
19,033 |
5 |
Jan. 1994 |
Northridge, CA earthquake |
12,500 |
18,038 |
6 |
Sep. 2008 |
Hurricane Ike |
12,500 |
13,426 |
7 |
Oct. 2005 |
Hurricane Wilma |
10,300 |
11,934 |
8 |
Aug. 2004 |
Hurricane Charley |
7,475 |
8,939 |
9 |
Sep. 2004 |
Hurricane Ivan |
7,110 |
8,502 |
10 |
Apr. 2011 |
Flooding, hail and wind including the tornadoes that struck Tuscaloosa and other locations |
7,300 |
7,540 |
|
(1) Property coverage only. Excludes flood damage covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2013 by ISO using the GDP implicit price deflator.
Source: The Property Claim Services® (PCS®) unit of ISO®, a Verisk Analytics® company.
TOP 10 MOST COSTLY CATASTROPHES, UNITED STATES (1)
|
|
|
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.
Top 10 Costliest Catastrophes, United States (1)
|
|
|
Estimated insured property loss |
Rank |
Date |
Peril |
Dollars when occurred |
In 2015 dollars (2) |
1 |
Aug. 2005 |
Hurricane Katrina |
$41,100 |
$49,047 |
2 |
Sep. 2001 |
Fire, explosion: World Trade Center, Pentagon terrorist attacks |
18,779 |
24,613 |
3 |
Aug. 1992 |
Hurricane Andrew |
15,500 |
24,111 |
4 |
Oct. 2012 |
Hurricane Sandy |
18,750 |
19,563 |
5 |
Jan. 1994 |
Northridge, CA earthquake |
12,500 |
18,597 |
6 |
Sep. 2008 |
Hurricane Ike |
12,500 |
13,826 |
7 |
Oct. 2005 |
Hurricane Wilma |
10,300 |
12,292 |
8 |
Aug. 2004 |
Hurricane Charley |
7,475 |
9,207 |
9 |
Sep. 2004 |
Hurricane Ivan |
7,110 |
8,758 |
10 |
Apr. 2011 |
Flooding, hail and wind including the tornadoes that struck
Tuscaloosa and other locations |
7,300 |
7,757 |
|
(1) Property losses only. Excludes flood damage covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2015 by ISO using the GDP implicit price deflator.
Source: Property Claim Services (PCS®), a Verisk Analytics® business.
Top 10 Costliest Catastrophes, United States (1)
|
|
|
Estimated insured property losses |
Rank |
Date |
Peril |
Dollars when occurred |
In 2016 dollars (2) |
1 |
Aug. 2005 |
Hurricane Katrina |
$ 41,100 |
$ 49,793 |
2 |
Sep. 2001 |
Fire, Explosion: World Trade Center, Pentagon terrorist attacks |
18,779 |
24,987 |
3 |
Aug. 1992 |
Hurricane Andrew |
15,500 |
24,478 |
4 |
Oct. 2012 |
Hurricane Sandy |
18,750 |
19,860 |
5 |
Jan. 1994 |
Northridge, CA earthquake |
12,500 |
18,880 |
6 |
Sep. 2008 |
Hurricane Ike |
12,500 |
14,036 |
7 |
Oct. 2005 |
Hurricane Wilma |
10,300 |
12,479 |
8 |
Aug. 2004 |
Hurricane Charley |
7,475 |
9,348 |
9 |
Sep. 2004 |
Hurricane Ivan |
7,110 |
8,891 |
10 |
Apr. 2011 |
Flooding, hail and wind including the tornadoes
that struck Tuscaloosa and other locations |
7,300 |
7,875 |
|
(1) Property losses only. Excludes flood damage covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2016 by ISO using the GDP implicit price deflator.
Source: The Property Claim Services® (PCS®) unit of ISO®, a Verisk Analytics® company.