New Report: Here’s How Much Natural Disasters Cost Across the U.S Since 2008

New Report: Here’s How Much Natural Disasters Cost Across the U.S Since 2008

Natural disasters in the United States have become part of our everyday lives. It seems like any time we turn on the news, we see that a hurricane has hit the South or a wildfire has spread across the West.

In order to understand natural disasters a bit better,  Move.org decided to study how much natural disasters really impact our everyday lives. We analyzed how much money each state has spent on property damage from natural disasters in the past ten years to find out which states lost the most.

Read the full report here:  https://www.move.org/these-5-states-lost-the-most-money-to-natural-disasters/

Report highlights:

  • Texas topped our list of states most affected by natural disasters. Since 2008, over $53 billion dollars were spent on property damage. The vast majority of property damage was caused by hurricanes and flash flooding. For perspective: Texas spends over forty thousand times as much as Delaware on damages caused by natural disasters.
  • Louisiana is a close second, and they spent over $11 billion on property damage.
  • Flash floods and hurricanes occur mostly on the southern coast of the U.S., while wildfires tend to happen mostly on the west coast.

Methodology: To determine how much money each state lost to natural disasters,  Move.org looked into the amount of money spent on property damage over the last ten years.

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