According to NOAA’s Climate.gov, 2022 was a billion-dollar weather and climate year with multiple costly disasters throughout the country. 2022 tied 2017 and 2011 for the third highest number of billion-dollar events and was also the third highest year in cost.
In 2022, the United States saw 18 separate weather events costing an estimated $165.1 billion dollars. Hurricane Ian was the most devastating costing $112.9 billion and almost leveling several cities on the west coast of Florida in the direct path. Average rainfall was 10-20 inches with some counties reporting over 20 inches of rain. There were also
severe hail events in many parts of the country and a couple of tornado outbreaks. As weather patterns change and storms increase throughout the country coupled with rising population in vulnerable areas, these costs are likely to continue to rise.
As always, education and preparation for these disasters are important to staying safe, minimizing your loss and protecting properties and businesses.
This guide has been developed to assist our valued McGriff clients in preparing for, responding to and recovering from a severe weather event. Included in this resource you will find a variety of helpful disaster response resources.
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Insurance products and services offered through McGriff Insurance Services, LLC, a subsidiary of Truist Insurance Holdings, LLC, are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.
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