The Camp Fire, which occurred in California between November 8 and 25, 2018, was the costliest wildfire ever in the United States. The Camp Fire caused insured losses of an estimated 10.75 billion 2021 U.S. dollars.
Estimated insured losses due to the most costly wildland fires in the United States as of 2020
(in 2021 million U.S. dollars)
According to the source, only property coverage for catastrophic fires are shown. Effective January 1, 1997, Property Claim Services (PCS) unit defines catastrophes as events that cause more than 25 million U.S. dollars in insured property damage and that affect a significant number of insureds and insurers. From 1982 to 1996, PCS used a 5 million U.S. dollars threshold in defining catastrophes.
Data are adjusted for inflation through 2019 by ISO using the GDP implicit price deflator.
The date of access was taken as the release date.
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Insurance Information Institute. (February 3, 2022). Estimated insured losses due to the most costly wildland fires in the United States as of 2020 (in 2021 million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/217065/estimated-insured-losses-due-to-most-costly-us-wildland-fires/
Insurance Information Institute. "Estimated insured losses due to the most costly wildland fires in the United States as of 2020 (in 2021 million U.S. dollars)." Chart. February 3, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/217065/estimated-insured-losses-due-to-most-costly-us-wildland-fires/
Insurance Information Institute. (2022). Estimated insured losses due to the most costly wildland fires in the United States as of 2020 (in 2021 million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/217065/estimated-insured-losses-due-to-most-costly-us-wildland-fires/
Insurance Information Institute. "Estimated Insured Losses Due to The Most Costly Wildland Fires in The United States as of 2020 (in 2021 Million U.S. Dollars)." Statista, Statista Inc., 3 Feb 2022, https://www.statista.com/statistics/217065/estimated-insured-losses-due-to-most-costly-us-wildland-fires/
Insurance Information Institute, Estimated insured losses due to the most costly wildland fires in the United States as of 2020 (in 2021 million U.S. dollars) Statista, https://www.statista.com/statistics/217065/estimated-insured-losses-due-to-most-costly-us-wildland-fires/ (last visited September 01, 2024)
Estimated insured losses due to the most costly wildland fires in the United States as of 2020 (in 2021 million U.S. dollars) [Graph], Insurance Information Institute, February 3, 2022. [Online]. Available: https://www.statista.com/statistics/217065/estimated-insured-losses-due-to-most-costly-us-wildland-fires/