The three most expensive all-time earthquakes for the insurance industry in the United States occurred in California. The most expensive earthquake ever happened in California in 1994, and cost the U.S. insurance industry around 31.2 billion U.S. dollars, when adjusted to 2022 U.S. dollars.
Most expensive earthquakes to the insurance industry in the United States as of 2022
(in million U.S. dollars)
Based on property losses including, if applicable, agricultural, offshore, marine, aviation and National Flood Insurance Program losses in the United States and may differ from data shown elsewhere.
Inflation-adjusted to 2022 U.S. dollars.
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Insurance Information Institute. (December 6, 2023). Most expensive earthquakes to the insurance industry in the United States as of 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/276732/the-most-expensive-earthquakes-for-the-insurance-industry-in-the-united-states-since-1980/?locale=en
Insurance Information Institute. "Most expensive earthquakes to the insurance industry in the United States as of 2022 (in million U.S. dollars)." Chart. December 6, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/276732/the-most-expensive-earthquakes-for-the-insurance-industry-in-the-united-states-since-1980/?locale=en
Insurance Information Institute. (2023). Most expensive earthquakes to the insurance industry in the United States as of 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/276732/the-most-expensive-earthquakes-for-the-insurance-industry-in-the-united-states-since-1980/?locale=en
Insurance Information Institute. "Most Expensive Earthquakes to The Insurance Industry in The United States as of 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 6 Dec 2023, https://www.statista.com/statistics/276732/the-most-expensive-earthquakes-for-the-insurance-industry-in-the-united-states-since-1980/?locale=en
Insurance Information Institute, Most expensive earthquakes to the insurance industry in the United States as of 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/276732/the-most-expensive-earthquakes-for-the-insurance-industry-in-the-united-states-since-1980/?locale=en (last visited November 21, 2024)
Most expensive earthquakes to the insurance industry in the United States as of 2022 (in million U.S. dollars) [Graph], Insurance Information Institute, December 6, 2023. [Online]. Available: https://www.statista.com/statistics/276732/the-most-expensive-earthquakes-for-the-insurance-industry-in-the-united-states-since-1980/?locale=en
