Natural Disasters Cost $90.9 Billion In Losses in 2018
In 2018, the U.S. experienced 14 billion-dollar-plus natural disasters, which caused approximately $90.9 billion in losses, the fourth-highest cost since 1980, according to the U.S. Household Disaster Giving in 2017 and 2018 report.
The total damage from Hurricane Michael was estimated at $25 billion. Hurricane Florence was estimated at $24 billion in damage. The wildfires in California were estimated to have at least $12.4 billion in insured losses alone; total damage is still not clear.