Top 10 Costliest Natural Catastrophes, United States (1)

($ millions)

      Estimated insured property loss
Rank Year Peril Dollars when occurred In 2020 dollars (2)
1 2005 Hurricane Katrina $65,000 $85,570
2 2012 Hurricane Sandy 30,000 33,530
3 2017 Hurricane Harvey 30,000 31,590
4 2017 Hurricane Irma 29,900 31,320
5 2017 Hurricane Maria 29,670 31,100
6 1992 Hurricane Andrew 16,000 29,360
7 1994 Northridge Earthquake 15,300 27,060
8 2008 Hurricane Ike 18,200 21,510
9 2012 Drought loss 14,390 16,420
10 2005 Hurricane Wilma 10,670 13,840
(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 November 25, 2020. (2) Adjusted for inflation by Aon using the U.S. Consumer Price Index. Source: Aon.