In inflation-adjusted dollars, the annual cost of U.S. billion-dollar natural disasters has gone from $21.5 billion per year in the 1980 ’s to $144.3 billion per year in 2021-2023, an increase of 570%. This is the main factor behind soaring homeowner’s insurance costs.
Select Time Period Comparisons of United States Billion-Dollar Drought, Flooding, Freeze, Severe Storm, Tropical Cyclone, Wildfire, and Winter Storm Statistics (CPI-Adjusted). Table by National Centers for Environmental Information.
https://www.ncei.noaa.gov/access /billions/state-summary/US
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