Skip to main content

THE TEN MOST COSTLY U.S. EARTHQUAKES BY INFLATION-ADJUSTED INSURED LOSSES

$ millions)
    Insured losses (2) 
RankDateLocationOverall losses
when occurred
Dollars
when
occurred
In 2014
dollars (3)
Fatalities
1Jan. 17, 1994California: Northridge, Los Angeles, San Fernando Valley, Ventura, Orange$44,000$15,300$24,44061
2Apr. 18, 1906California: San Francisco, Santa Rosa, San Jose5241804,300 (4)3,000
3Oct. 17, 1989California: Loma Prieta, Santa Cruz, San Francisco, Oakland, Berkeley, Silicon Valley10,0009601,83068
4Feb. 28, 2001Washington: Olympia, Seattle, Tacoma; Oregon2,0003004001
5Mar. 27-28, 1964Alaska: Anchorage, Kodiak Island, Seward, Valdez, Portage, Whittier, Cordova, Homer, Seldovia54045340131
6Feb. 9, 1971California: San Fernando Valley, Los Angeles5533520065
7Oct. 1, 1987California: Los Angeles, Whittier360751608
8Aug. 24, 2014California: Napa, Vallejo, Solano, Sonoma, American Canyon7001501501
9Apr. 4, 2010California: San Diego, Calexico, El Centro, Los Angeles, Imperial; Arizona: Phoenix, Yuma150100110NA
10Sep. 3, 2000California: Napa805070NA
(1) Costliest U.S. earthquakes occurring from 1950 to 2014, based on insured losses when occurred. Includes the 1906 San Francisco, California, earthquake, for which reliable insured losses are available.
(2) 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.
(3) Inflation-adjusted to 2014 dollars by Munich Re.
(4) Inflation-adjusted to 2014 dollars based on 1913 Bureau of Labor Statistics data (earliest year available).

NA=Data not available.
Source: © 2015 Munich Re, Geo Risks Research, NatCatSERVICE.

Comments

Popular posts from this blog

Beazley welcomes group head of strategy

She joins at a “particularly exciting time” for the company from Insurance Business

GB's new CEO for Australia shares company's focus on mental health

"It's certainly been a really challenging last couple of years for the entire community" from Insurance Business

Five Insurance Mistakes to Avoid… And Still Save Money

We are all concerned with saving money and it is important to shop around when looking for insurance coverage. However, simply reducing your coverage or dropping important coverages altogether can leave you dangerously underinsured in the event of a disaster. Following are the five biggest auto, home, flood and renters insurance mistakes consumers can make, along with suggestions to avert those pitfalls while still saving money: 1. Insuring a home for its real estate value rather than for the cost of rebuilding . When real estate prices go down, some homeowners may think they can reduce the amount of insurance on their home. But insurance is designed to cover the cost of rebuilding, not the sales price of the home. You should make sure that you have enough coverage to completely rebuild your home and replace your belongings. A better way to save : Raise your deductible. An increase from $500 to $1,000 could save up to 25 percent on your premium payments. 2. Selecting ...