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10 most costly U.S. catastrophes

10 most costly U.S. catastrophes
Peril Date Cost when occurred Cost in 2006 dollars
Hurricane Katrina Aug. 2005 $40,600,000,000 $42,390,000,000
Hurricane Andrew Aug. 1992 $15,500,000,000 $22,530,000,000
WTC, Pentagon attacks Sept. 2001 $18,800,000,000 $21,640,000,000
Northridge, Calif., earthquake Jan. 1994 $12,500,000,000 $17,200,000,000
Hurricane Wilma Oct. 2005 $10,300,000,000 $10,750,000,000
Hurricane Charlie Aug. 2004 $7,475,000,000 $8,068,000,000
Hurricane Ivan Sept. 2004 $7,110,000,000 $7,674,000,000
Hurricane Hugo Sept. 1989 $4,195,000,000 $6,898,000,000
Hurricane Rita Sept. 2005 $5,000,000,000 $5,220,000,000
Hurricane Frances Sept. 2004 $4,595,000,000 $4,960,000,000

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Notes:
1. Dollar amounts refer to property and business interruption losses only and do not include life and liability losses.
2. Dollars adjusted for inflation using the CPI calculator provided by the Bureau of Labor Statistics.

Source: Insurance Information Institute

For more information on insurance, see the main story, "Hurricanes top the list of home insurance disasters."

Bankrate.com's corrections policy
-- Posted: Oct. 7, 2006
 
 
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