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United States: estimated overall losses due to natural disasters 2019

This statistic shows the estimated overall losses due to natural disasters in the United States in 2019, by type. Severe thunderstorms, for instance, caused overall losses of 27 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 2019.

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, 70 people were killed as a result of severe thunderstorms in the U.S. Lightning strikes alone caused 20 deaths and 100 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 2019 alone, 76,860 homeowner insurance claims were paid due to lightning losses.

Estimated overall losses due to natural disasters in the United States in 2019, by type

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Sources

Release date

July 2020

Region

United States

Survey time period

2019

Supplementary notes

Figures are as of June 2020.

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Statistics on "Catastrophe losses of the insurance industry"

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