Most expensive natural disasters in the U.S. as of 2019

The total costs of Hurricane Katrina amounted to 161 billion U.S. dollars, which makes it the most expensive natural disaster to occur in the U.S. as of January 2019. Hurricane Harvey and Hurricane Maria followed behind at 125 billion U.S. dollars and 90 billion U.S. dollars respectively.

Hurricane Katrina

Hurricane Katrina struck Louisiana on August 9, 2005 and displaced hundreds of thousands of people from their homes in Louisiana, Mississippi and Alabama. The death toll reached almost 2,000 people. Katrina was also the most expensive U.S. catastrophe since 1992 in terms of property loss.

Harvey, Maria and Irma

Katrina was responsible for the spike in insured losses caused by natural disasters globally in 2005. Harvey, Maria and Irma also made quite the impact in 2017 when they hit central America and then made land on the U.S. Gulf Coast. The frequency and intensity of such natural disasters are increasing.

Most expensive natural disasters in the United States as of January 2019

Cost in billion U.S. dollars
Hurricane Katrina (2005)161
Hurricane Harvey (2017)125
Hurricane Maria (2017)90
Superstorm Sandy (2012)71
Hurricane Irma (2017)50
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Sources

Release date

January 2019

Region

United States

Survey time period

as of January 2019

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Statistics on "Catastrophe losses of the insurance industry"

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