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United States: estimated overall losses due to natural disasters 2018
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United States: estimated overall losses due to natural disasters 2018
Estimated overall losses due to natural disasters in the United States in 2018, by type (in million U.S. dollars)
by Jennifer Rudden,
last edited
Jun 18, 2019
This statistic shows the estimated overall losses due to natural disasters in the United States in 2018, by type. Severe thunderstorms, for instance, caused overall losses of 18.8 billion U.S. dollars.
Thunderstorms in the U.S. – additional information
Thunderstorms occur when there’s moisture, unstable air and lift. Approximately ten percent of thunderstorms in the U.S. are classified as severe, which means that they include hail of one inch or more, winds exceeding 57.5 mph and/or a tornado. Severe thunderstorms caused more damage than all winter storms, flooding and geophysical disasters put together in 2018.
Severe thunderstorms pose a great risk to public safety and often results in fatalities. People can be harmed in many ways during a thunderstorm, such as directly struck by lightning or hurt when a building collapses/tree falls down. In 2018, 66 people were killed as a result of severe thunderstorms in the U.S. Lightning strikes alone caused 20 deaths and 82 injuries in that year.
The high risk of damage posed by thunderstorms means that insurance cover is an important tool in reducing the losses incurred. In 2016 alone, 109,049 homeowner insurance claims were paid due to lightning losses. Insurers paid out 825.7 million U.S. dollars to policyholders who suffered losses due to lightning in that same year.
Estimated overall losses due to natural disasters in the United States in 2018, by type (in million U.S. dollars)
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by Jennifer Rudden,
last edited
Jun 18, 2019
This statistic shows the estimated overall losses due to natural disasters in the United States in 2018, by type. Severe thunderstorms, for instance, caused overall losses of 18.8 billion U.S. dollars.
Thunderstorms in the U.S. – additional information
Thunderstorms occur when there’s moisture, unstable air and lift. Approximately ten percent of thunderstorms in the U.S. are classified as severe, which means that they include hail of one inch or more, winds exceeding 57.5 mph and/or a tornado. Severe thunderstorms caused more damage than all winter storms, flooding and geophysical disasters put together in 2018.
Severe thunderstorms pose a great risk to public safety and often results in fatalities. People can be harmed in many ways during a thunderstorm, such as directly struck by lightning or hurt when a building collapses/tree falls down. In 2018, 66 people were killed as a result of severe thunderstorms in the U.S. Lightning strikes alone caused 20 deaths and 82 injuries in that year.
The high risk of damage posed by thunderstorms means that insurance cover is an important tool in reducing the losses incurred. In 2016 alone, 109,049 homeowner insurance claims were paid due to lightning losses. Insurers paid out 825.7 million U.S. dollars to policyholders who suffered losses due to lightning in that same year.
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- Release date
- April 2019
- Region
- United States
- Survey time period
- 2018
- Supplementary notes
- Figures are as of March 2019.
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- April 2019
More information
- Region
- United States
- Survey time period
- 2018
- Supplementary notes
- Figures are as of March 2019.
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