Special Report
The Deadliest Billion Dollar Natural Disasters in US History
Published:
Last Updated:
Since 1980, there have been 332 weather disasters in the U.S. that have inflicted at least $1 billion worth in damage. And these events have been getting more frequent over the decades. According to the U.S. Geological Survey, with increasing global surface temperatures the possibility of more droughts and increased intensity of storms are likely to occur. Similarly, floods, freezes, and wildfires could increase in frequency and intensity.
There were 31 storms with losses of at least $1 billion in the 1980s. There were 55 such storms in the 1990s; 67 in the 2000s; 128 in the 2010s; and 51 since 2020. (Here are the worst cities to live as climate change gets worse.)
Considering the significant economic damage these climate disasters inflicted, many have inflicted relatively few fatalities: 308 left fewer than 100 people dead, including 190 that killed fewer than 10 people . But some of these disasters were far deadlier, including the drought and heatwave that baked the central-eastern part of the country in the summer of 1980 and cost 1,260 lives. The disaster also inflicted nearly $38 billion in inflation-adjusted dollars.
To identify the deadliest billion-dollar storms, 24/7 Wall St. reviewed the National Oceanic and Atmospheric Administration’s Billion-Dollar Weather and Climate Disasters database that tracks weather and climate disasters since 1980. The 24 disasters that caused 100 deaths or more were ranked by the number of fatalities. We included the total inflation-adjusted damage, cleanup, and repairs costs.
In total these two dozen weather events killed 10,940 people and cost $712 billion. Five hurricanes were responsible for about 5,200 deaths, nearly half of the deaths. These hurricanes also caused nearly $443 billion in damage, cleanup, and repair costs, representing 62% of the total financial impact of these storms.
Hurricanes Katrina (2005) and Maria (2017) were by far the deadliest and most costly U.S. weather-related tragedies on record. Tropical cyclones tend to make landfall in the south or southeast, so these regions tend to have the highest frequency and highest cost of climate disasters. (These are countries where the most people have died in natural disasters.)
Out of the weather events on the list, droughts and wildfires were responsible for 36% of the deaths these disasters caused, followed by winter storms and cold waves at 10%. Severe storms, like tornado outbreaks, hailstorms, and heavy winds and downpours, are the least costly and fatal, responsible for 6% of the deaths and 4% of the costs.
Here are the deadliest billion-dollar natural disasters in US history.
24. Winter Storm, Cold Wave
> Start date: Dec 21, 1989
> Deaths: 100
> Cost: $1.6 billion
[in-text-ad]
23. Southeast Drought/Heat Wave
> Start date: June 1, 1986
> Deaths: 100
> Cost: $4.8 billion
22. Western Wildfires, California Firestorm
> Start date: June 1, 2018
> Deaths: 106
> Cost: $27.8 billion
21. Hurricane Ike
> Start date: Sept 12, 2008
> Deaths: 112
> Cost: $40.2 billion
[in-text-ad-2]
20. Hurricane Rita
> Start date: Sept 20, 2005
> Deaths: 119
> Cost: $27.2 billion
19. U.S. Drought/Heat Wave
> Start date: Jan 1, 2012
> Deaths: 123
> Cost: $38.7 billion
[in-text-ad]
18. Western/Eastern Severe Weather and Flooding
> Start date: Dec 1, 1997
> Deaths: 132
> Cost: $1.8 billion
17. Western/Central/Southeast Drought/Heat Wave
> Start date: Mar 1, 2000
> Deaths: 140
> Cost: $8.6 billion
16. Winter Storm, Cold Wave
> Start date: Jan 19, 1985
> Cost: $2.3 billion
> Deaths: 150
[in-text-ad-2]
15. Freeze / Cold Wave
> Start date: Dec 15, 1983
> Deaths: 151
> Cost: $6.0 billion
14. Hurricane Sandy
> Start date: Oct 30, 2012
> Deaths: 159
> Cost: $82.0 billion
[in-text-ad]
13. Midwest/Southeast Tornadoes
> Start date: May 22, 2011
> Deaths: 177
> Cost: $11.7 billion
12. Blizzard/Floods
> Start date: Jan 1, 1996
> Deaths: 187
> Cost: $5.7 billion
11. Southern Drought and Heat Wave
> Start date: June 1, 1998
> Deaths: 200
> Cost: $6.4 billion
[in-text-ad-2]
10. Western Drought and Heat Wave
> Start date: Jan 1, 2021
> Deaths: 229
> Cost: $9.4 billion
9. Northwest, Central, Eastern Winter Storm and Cold Wave
> Start date: Feb 10, 2021
> Deaths: 262
> Cost: $25.2 billion
[in-text-ad]
8. East Coast Blizzard and Severe Weather
> Start date: Mar 11, 1993
> Deaths: 270
> Cost: $11.3 billion
7. Southeast/Ohio Valley/Midwest Tornadoes
> Start date: Apr 25, 2011
> Deaths: 321
> Cost: $13.3 billion
6. U.S. Drought/Heat Wave
> Start date: June 1, 1988
> Deaths: 454
> Cost: $50.6 billion
[in-text-ad-2]
5. Eastern Drought/Heat Wave
> Start date: June 1, 1999
> Deaths: 502
> Cost: $4.4 billion
4. Central, Southern and Northeast Drought/Heat Wave
> Start date: July 1, 1995
> Deaths: 872
> Cost: $1.9 billion
[in-text-ad]
3. Central/Eastern Drought/Heat Wave
> Start date: June 1, 1980
> Deaths: 1,260
> Cost: $37.7 billion
2. Hurricane Katrina
> Start date: Aug 25, 2005
> Deaths: 1,833
> Cost: $186.3 billion
1. Hurricane Maria
> Start date: Sept 19, 2017
> Deaths: 2,981
> Cost: $107.1 billion
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.