What catastrophes cost Americans the most money?

Any guesses what natural disasters cost homeowners – and insurance companies – the most money every year?

Floods? Nope. Although water damage caused $2.7 billion in damage last year, floods amounted to only a small fraction of the nation’s overall disaster costs.

Earthquakes? Not those either. When they happen, earthquakes can be catastrophic. But not last year. Earthquakes were only a blip on the nation’s natural-disaster scale.

The most damaging force of nature came from the sky. Severe thunderstorms, including tornadoes, killed 617 people last year and destroyed $47 billion worth of property. That’s more death, and more damage, than caused by all other natural disasters combined in the United States.

So here’s a look at natural disaster losses in the U.S., courtesy of the Insurance Information Institute.

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