The Cost of Natural Disasters

2/4/2022 (Permalink)

Some food for thought from your friends at SERVPRO of Alamo Ranch.Natural Disasters Cost U.S. 247 Lives, Nearly $100 Billion in Damage in 2018.The number of billion-dollar weather disasters in the United States has more than doubled in recent years, as devastating hurricanes and ferocious wildfires that experts suspect are fueled in part by climate change have ravaged swaths of the country, according to data released by the federal government Wednesday. Since 1980, the United States has experienced 241 weather and climate disasters where the overall damage reached or exceeded $1 billion, when adjusted for inflation, according to data from the National Oceanic and Atmospheric Administration. Between 1980 and 2013, according to NOAA, the nation averaged roughly half a dozen such disasters a year. Over the most recent five years, that number has jumped to more than 12.Source: Restoration & Remediation magazine