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10 Most Expensive Hurricanes Ever

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10 Most Expensive Hurricanes Ever, Hurricane season is already upon us. This year, Hurricane Alex already devastated the north of Mexico in June, heavily damaging the city of Monterrey.

The tropical storm mostly spared Texas this time, but the season has only just begun. In the Atlantic Ocean, it typically goes from June 1st to November 30th, so there’s still almost 5 months to go.

With tropical storm warnings intensifying, here is a look back into hurricane history and the exorbitant damages they have left behind. The following list consists of the most expensive hurricanes in terms of the material cost they represented, as ranked by A.M. Best Company.

#10: Frances

Where: Florida

When: September 5, 2004

U.S. losses: $5.7 billion

Source: The Gartman Letter, The National Hurricane Association

#9: Rita

Where: South Texas, Louisiana, Florida

When: September 22, 2005

U.S. losses: $6.7 billion

Source: The Gartman Letter, The National Hurricane Association

#8: Hugo
Where: South Carolina

When: September 22, 1989

U.S. losses: $8 billion

Source: The Gartman Letter, The National Hurricane Association

#7: Ivan
Where: Alabama, Cuba, Venezuela

When: September 2004

U.S. losses: $8.8 billion

Source: The Gartman Letter, The National Hurricane Association

#6: Charley

Where: Florida, South Carolina

When: August 13th, 2004

U.S. losses: $9.2 billion

Source: The Gartman Letter, The National Hurricane Association

#5: GNEH (Un-named “Greater New England Hurricane”)

Where: Long Island, Connecticut

When: September 1938

U.S. losses (in 2010 dollars): $11.4 billion

Source: The Gartman Letter, The National Hurricane Association

#4: Wilma

Where: Florida via Haiti, Mexico, Jamaica

When: October 22, 2005

U.S. losses: $12.2 billion

Source: The Gartman Letter, The National Hurricane Association

#3: Ike
Where: Texas, Arkansas

When: September 13, 2008

U.S. losses: $12.3 billion

Source: The Gartman Letter, The National Hurricane Association

#2: Andrew

Where: Louisiana, Florida

When: August 26, 1992

U.S. losses: $27.4 billion

Source: The Gartman Letter, The National Hurricane Association

#1: Katrina
Where: Louisiana, Mississippi

When: August 23 to August 30, 2005

U.S. losses: $48.2 billion

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